Summary
- Pakistan has decided to retain its Bilateral Investment Treaty (BIT) with Sweden following the federal cabinet’s intervention, after an earlier termination notice reportedly displeased Prime Minister Shehbaz Sharif.
- The committee will develop guidelines to prevent similar situations in the future and assess the potential consequences of terminating investment treaties with 25 countries under Pakistan’s Bilateral Investment Treaty Strategy 2021.
- It will also evaluate whether the 2021 BIT Strategy and Pakistan’s Model Bilateral Investment Treaty Template remain relevant to the changing global economic landscape.
AI Generated Summary
Pakistan has decided to retain its Bilateral Investment Treaty (BIT) with Sweden following the federal cabinet’s intervention, after an earlier termination notice reportedly displeased Prime Minister Shehbaz Sharif.
The cabinet has ordered an investigation into the circumstances surrounding the notice, including who authorized it and what grounds prompted the move to terminate the agreement.








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