Islamabad, Sep 27 (IANS): Pakistan Prime Minister Nawaz Sharif, at a gathering in New York, has urged US corporate leaders to invest in Pakistan.
Among those present at the event, held on the sidelines of the UN General Assembly Thursday, were senior executives from Morgan Stanley, Bank of America, Merrill Lynch, Alliance Bernstein, JP Moran, Prudential, US-Pakistan Business Council, Storm Harbor Capital, Boeing and PepsiCo, the Associated Press of Pakistan (APP) reported Friday.
Sharif said Pakistan has one of the most liberal and attractive investment regimes in the developing world with no restrictions on the share and equity ratio held by foreign companies.
He said the liberal foreign exchange regime in the country offered foreign investors the right to exchange the local currency into any other foreign currency and allowed the repatriation of profits, dividends and funds without any hindrance.
The prime minister added that number of multinational corporations were already making record profits in Pakistan.