Pakistan needs to streamline its business environment: Says Chinese scholar


Source: inp.net.pk inp.net.pk

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BEIJING, July 26 (INP): Pakistan needs to streamline its business environment to overcome certain economic shortfalls in wake of COVID-19 and to achieve future socio-economic targets, particularly in term of China-Pakistan Economic Corridor (CPEC). Streamline the regulatory environment for business is also imperative for both Pakistan and China, said Chinese scholar Prof. Zhou Rong in an article published by China Economic Net (CEN) on Sunday. He note that the Foreign direct investment (FDI) in Pakistan was 10% lower than the $133.2 million recorded in April 2020 and 53% lesser than the $254 million registered in May 2019, as Covid-19 forced...