September 12, 2006	Tuesday	Sha'aban 18, 1427

ISLAMABAD, Sep 11: Pakistan is an attractive country for foreign investors due to better policies of the present government. It is also facilitating investors in terms of income tax and other taxes with no sanctions on transfer of profits to any other country.

It was stated by president Islamabad Chamber of Commerce and Industry (ICCI) Abdul Rauf in a meeting with a Canadian delegation led by Andy Merchant, president Canada Pakistan Business Council (CPBC).

He said the present government had introduced several reforms including liberalisation of trade and investments.

The delegation discussed various measures to improve economic and trade relations between the two countries, said a press release issued on Monday.

The ICCI president said that the WTO regime had abolished all trade barriers leaving international market open to all countries without any discrimination, transforming the world into a global village.

He further said that the Gwadar Port was a mega project through which a communication channel would be established with the Middle Eastern states.

Speaking at the meeting the CPBC president Andy Merchant that his delegation mainly comprised of bankers and they were interested in investing in banking sector.

He said that the Canadian investors wanted to invest in other sectors including drinking water projects and air-conditioning.

—APP