Accessibility links

Breaking News

Pakistani Government Offers To Insure Foreign Businessmen

Pakistan is offering insurance coverage to foreign businessmen to attract investment in the country threatened by extremist violence.

On January 2, Commerce Ministry spokesman Abdul Kabir Kazi said that Pakistani businesses inviting foreign businessmen or investors would now have to provide insurance cover to their guests.

He said that the insurance would be provided through the National Insurance Company.

Pakistani diplomatic missions abroad would soon begin disseminating information about the scheme, he added.

Western countries, including the United States and Britain, currently advise against nonessential travel to Pakistan.

Such advisories add significantly to travel-insurance costs for their citizens planning to visit Pakistan.

Islamabad has faced an insurgency from Islamic militants including the Taliban and Al-Qaeda.

The authorities say more than 35,000 Pakistanis have been killed in terrorist attacks since the terrorist attacks of September 2001.

Based on reporting by AFP and