(MENAFN - Qatar News Agency) Pakistan is set to take part in the Annual Investment Meeting (AIM) being held in Dubai today, which is expected the double the trade between Pakistan and the United Arab Emirates and help bring investment from around the world.
A strong business delegation led by Pakistan's Senior Federal Minister for Commerce Makdoom Ameen Fahim, and Chief Minister of Sindh Province of Pakistan Syed Qaim Ali Shah are participating in the conference, the UAE-daily (Gulf News) reported.
Fahim told a press conference at the Pakistan Consulate General in Dubai that Pakistan had huge potential for foreign investors mainly in the energy sector.
The World Bank, he said, has ranked Pakistan number one overall, in South Asia in comparison to other countries including India, Sri Lanka and Bangladesh in "ease of doing business".
This higher ranking indicates better and stronger regulation for business and better protection of property rights and also highlights Pakistan's openness for trade and investment, he added. Some 80 businessmen and officials from 25 Pakistani companies are to participate in the conference.
Syed Qaim Ali Shah while focusing on Sindh's investment potential, said the province was blessed with natural resources to become a regional powerhouse.