US Congress may delay FATA zones legislation till democracy is restoredNovember 14th, 2007 - 2:52 am ICT by admin
According to an official source, the Pakistan Government has almost lost hope about early approval of the legislation by the US Congress or an accord on the remaining clauses of the investment treaty.
During his visit to Pakistan last year, US President George Bush had accepted Pakistan’s proposal on ROZs and announced that the zones would be set up in the economically deprived pro-Taliban areas on both sides of the Pakistan-Afghanistan border.
Goods produced in these zones would get duty-free access to the US market, the Dawn reported.
An official source in the Finance Ministry said that the issues were to be discussed with the US authorities during the ongoing economic dialogue in Washington.
The US Congress had called upon the Pakistan Government to hold fair and transparent elections and restore democracy and this could now be linked to the approval of the ROZs law, said a source. (ANI)
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Tags: clauses, dawn, democracy, duty free, economic dialogue, economically, fata, finance ministry, free access, investment treaty, legislation, lost hope, pakistan government, pakistani authorities, president george bush, taliban, transparent elections, us congress, us president george