LAHORE, May 23: The federal cabinet, due to meet in Islamabad on Wednesday, is expected to approve the establishment of a Pakistan-Brunei Investment Company, official sources said. The meeting, to be presided over by Prime Minister Shaukat Aziz would also approve the initiation of talks with Kuwait and Kenya for extradition treaties.

Approval of a trade agreement with Algeria and a Memorandum of Understanding with China for the up-gradation of Karakoram Highway was also on the agenda.

Decision on abolition of visa between Pakistan and Egypt for the holders of official and diplomatic passports was also expected.

Agreements for avoidance of double taxation with Saudi Arabia, Ireland and Jordan were expected to be approved.