1、 Competent investment department

In principle, those who do not need to apply for specific foreign investment incentives are excluded. Similarly, banks operating in Pakistan must have a business license under the measures of the Pakistan banking regulatory authority, and they also need to obtain the permission of the corresponding financial supervision institutions to engage in insurance business. The Investment Promotion Department of the Ministry of industry and Commerce of Pakistan is the responsible agency of the Pakistani government in charge of foreign investment. The Panamanian investment and Trade Promotion Agency (proinvex) is the Panamanian investment and Trade Promotion Agency.

2、 Investment policies and regulations

Panama has no special law on foreign investment management, and the existing system is applicable to its citizens and foreigners. The constitution of Pakistan protects private property and intellectual property rights, guarantees the self owned operation of enterprises, and foreign capital enjoys national treatment and the principle of non discrimination. However, the law can restrict foreigners from engaging in specific economic activities for reasons such as work, health, public safety and national economy. In addition, during the war, special measures can also be taken against personnel from specific countries and regions in accordance with international law.

According to Panamanian law, foreign companies are mainly engaged in tourism, agricultural export, mining, trade and oil free zone, construction, power generation, industry, forestry, export processing zone, communication, port and railway construction, irrigation and hydraulic engineering, and other businesses approved by the cabinet. Industries encouraged to invest include industry, agriculture, tourism, finance, film industry, logistics, etc. departments encouraged to invest include the establishment of regional headquarters of multinational corporations, export processing zone, Cologne free zone, Pacific Special Economic Zone, etc.

3、 Attitude towards foreign investment

Panama holds an open and welcoming attitude towards foreign investment, foreign-funded enterprises enjoy the same treatment as domestic enterprises in Panama, and foreign-funded enterprises thrive in Panama. Panama joined the International Centre for the settlement of Investment Disputes (ICSID) in 1996 and became a member of the Multilateral Investment Guarantee Agency (MIGA) of the world bank in 1997.