Pakistan, Oct. 23 -- Federal Minister for Board of Investment, Qaiser Ahmed Sheikh on Thursday stressed the need for facilitating businesses, reforming regulations and strengthening regional trade to attract investment, boost exports and accelerate economic growth.

Addressing the CEO summit, the minister said Pakistan needed to improve its investment climate by simplifying regulatory procedures and developing a facilitation-oriented approach to encourage both domestic and foreign investors.

He said Pakistanis living abroad had substantial financial resources and investment potential, which could be tapped by addressing regulatory concerns and creating a more business-friendly environment.

Referring to the experiences of China and South...