Canada has completed the first round of negotiations on a Foreign Investment Promotion and Protection Agreement with Pakistan, following consultations with senior Pakistani officials, local industry leaders and Canadian investors. Participants agreed on the need for a predictable, rules-based investment framework that can support sustained cross-border investment.
Discussions in Islamabad underscored the importance of clear protections for investors and transparent rules to encourage long-term projects and partnerships. Local industry leaders emphasised that strengthened investor confidence could unlock new opportunities across sectors, while Canadian investors noted potential benefits from a stable legal framework.
Officials on both sides signalled readiness to continue negotiations toward a detailed agreement that aims to balance investor protection and Pakistanβs development priorities. The focus on FIPA Pakistan reflects a shared interest in forging a framework that promotes mutually beneficial investment flows and greater economic cooperation.
