Unravelling security situation in #pakistan driving away investors

ISLAMABAD (PPI) - Norway is one of the largest European investors in Pakistan with $2 billion of investment.
This was stated by Norway’s Ambassador Robert Kvile during a visit to the Federation of Pakistan Chambers of Commerce and Industry here.
Kvile was welcomed at Federation House by Dawood Usman Jakhura, Usman Sheikh and Khalid Tawab, vice presidents FPCCI, and Shaikh Humayun Sayeed, former vice president FPCCI, and chairman FPCCI Standing Committee on Trade Delegations.
Jakhura noted that most of Pakistan’s trade with European countries was being carried out with the EU, and therefore our trade with Norway remained unsatisfactorily low.
He also acknowledged Norway’s excellent socio-economic performance and expressed the hope that Pakistan could learn from Norway’s example in this regard. Kvile urged the business community to step up their efforts for a positive image building of Pakistan. He stated that foreign investors were currently deterred by the security situation and complicated regulatory requirements in Pakistan, and these concerns should be addressed urgently to draw greater foreign investment to Pakistan.
He further noted that the presence of 35,000 Pakistanis as Norway’s largest non-European immigrant community was a resource for both countries.