Islamabad, Dec 22: A delegation from the Pakistan Romania Business Council (PRBC) recently held a meeting with Justice (R) Irfan Qadir, the Legal Affairs Advisor to the President of Pakistan, at the President House to discuss ways to enhance economic relations, ensure justice for investors, and promote bilateral trade between Pakistan and Romania.
The PRBC delegation, led by Chairman Sohail Shamim Firpo and Advisor and Chief Operating Officer Atif Farooqi, engaged in discussions on improving trade ties between the two countries. They focused on exploring avenues that would contribute to the development of stronger economic bonds and the facilitation of trade between Pakistan and Romania.
Justice (R) Irfan Qadir highlighted the role of the President’s Office in providing quick relief and justice to businesses and investors, underscoring the importance of a responsive legal system. He emphasized the need for close coordination between the President’s Office and the Ombudspersons’ offices to address disputes effectively and safeguard the rights of both businesses and individuals.
The Legal Affairs Advisor assured the delegation that the government is fully committed to promoting good governance and protecting the interests of stakeholders, ensuring that both local and foreign investors feel secure and supported.
Sohail Shamim Firpo stressed that efficient dispute resolution mechanisms are crucial to building investor confidence. He emphasized that such mechanisms are essential for fostering bilateral trade and creating an environment conducive to economic growth. Atif Farooqi further underscored that a stable legal framework, supported by robust institutions, is vital to unlocking the trade potential between Pakistan and Romania.
The delegation also received support from Zia ul Rasheed Abbasi, Director General of Legal Affairs at the President’s Secretariat, who pointed out the importance of streamlining regulatory processes and resolving disputes promptly. According to Abbasi, this approach not only attracts foreign investors but also enhances Pakistan’s competitiveness in the global economic landscape.
The meeting concluded with a shared vision of fostering a business-friendly environment to boost bilateral trade and investment. Both parties agreed that building stronger cooperation and promoting people-to-people ties between the two nations would pave the way for long-term economic growth. This commitment to deepening bilateral relations is expected to yield positive outcomes in the years to come.
