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Eleven Pakistan textile companies invested in foreign firms in last 5 yrs

Related Keywords: allowing residents and firms, during last five years, eleven Pakistani companies, France, invest in foreign companies, invested abroad, invested in its liaison office in Paris, Pakistan Bedwear Exporters Association, Pakistan government, prior approval of State Bank of Pakistan, SBP circular, textile-related businesses

With the Pakistani government allowing residents and firms to invest in foreign companies with prior approval of the State Bank of Pakistan (SBP) vide SBP circular FE-12 dated September 1, 2001, eleven Pakistani companies have invested Rs 664.02 million abroad in textile-related businesses during the last five years.

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