December is when the prime minister hopes to finalize the Saudi Arabian Reko Diq deal.
Anwaarul Haq Kakar, the acting prime minister, expressed optimism about a December agreement with Saudi Arabia to acquire a share of Reko Diq.
Arab News was informed by Kakar that all parties have accepted the Saudi offer and are in the process of negotiating. He conveyed the expectation that the Kingdom would take part in such initiatives.
Speaking of other things, Kakar said he hoped that over the next five years, the Special Investment Facilitation Council (SIFC) will assist in luring in over $60 billion in investment. He said that the SIFC will serve as a one-stop shop for resolving issues raised by foreign investors.
The prime minister stated that strict adherence to formal bureaucratic regulations had been resolved, along with obstacles to foreign investors’ dollar repatriation. According to him, the SIFC platform was designed with this objective in mind, and he placed emphasis on removing all obstacles so that foreign investment in Pakistan may begin within 15 days.
He continued by saying that a mechanism of conflict settlement that is acceptable to all parties has been devised under the auspices of SIFC.
