ISLAMABAD – Caretaker Prime Minister Anwaarul Haq Kakar has announced a new easy visa regime for foreign business figures desiring to visit Pakistan.
In a statement after the fifth meeting of the Apex Committee of Special Investment Facilitation Council, he said the foreign businessmen who want to visit Pakistan would be issued easy visas on the basis of a single document from their country or from international business organizations.
The prime minister said if Pakistan’s chambers of business or business organizations issue a document to a foreign businessman, easy visas would also be issued to them.
He expressed the hope that under this new visa regime, Pakistan would enter a new phase of business and economy.
The government is taking steps to remove the problems of foreign investors, caretaker FM Jilani said, adding that Pakistan’s ties with the regional and international community were getting stronger.
“Pakistan’s defence, political and economic relations [with the world] are improving,” he added.
Terming the SIFC a “revolutionary step”, the caretaker foreign minister said, “Like China, we also have close trade relations with the US.”
“Gulf Cooperation Council (GCC) have also shown interest in investment in Pakistan.”
He also shared that the government was taking steps to boost bilateral trade with the EU and Africa.
Pakistani rupee remains largely stable against the US dollar, and other currencies in the open market on Saturday.
On Saturday, the US dollar was being quoted at 283.4 for buying and 285.95 for selling.
Euro comes down to 307 for buying and 310 for selling. British Pound rate remains unchanged at 358.5 for buying, and 362 for selling.
UAE Dirham AED witnessed slight drop and new rate stands at 77.2 whereas the Saudi Riyal remained stable at 76.
Source: Forex Association of Pakistan. (last update 09:00 AM)
|UK Pound Sterling||GBP||358.5||362|
|Hong Kong Dollar||HKD||36.37||36.72|
|New Zealand Dollar||NZD||175.33||177.33|
Gold prices witnessed negative trend in local markets in line with the trend in the international market.
On Saturday, the price of a single tola of 24-karat gold stands at Rs217,600, and 10 grams of 24k gold costs Rs186,560.
Single tola of 22 Karat Gold price costs Rs199,465, 21 karat rate per tola costs Rs190, 400 and 18k gold rate is Rs163,200.00 for each tola.
In the global market, gold prices hovers around $2,004 per ounce, after drop of $23.35 on Saturday.
|Lahore||PKR 217,600||PKR 2,530|
|Karachi||PKR 217,600||PKR 2,530|
|Islamabad||PKR 217,600||PKR 2,530|
|Peshawar||PKR 217,600||PKR 2,530|
|Quetta||PKR 217,600||PKR 2,530|
|Sialkot||PKR 217,600||PKR 2,530|
|Attock||PKR 217,600||PKR 2,530|
|Gujranwala||PKR 217,600||PKR 2,530|
|Jehlum||PKR 217,600||PKR 2,530|
|Multan||PKR 217,600||PKR 2,530|
|Bahawalpur||PKR 217,600||PKR 2,530|
|Gujrat||PKR 217,600||PKR 2,530|
|Nawabshah||PKR 217,600||PKR 2,530|
|Chakwal||PKR 217,600||PKR 2,530|
|Hyderabad||PKR 217,600||PKR 2,530|
|Nowshehra||PKR 217,600||PKR 2,530|
|Sargodha||PKR 217,600||PKR 2,530|
|Faisalabad||PKR 217,600||PKR 2,530|
|Mirpur||PKR 217,600||PKR 2,530|