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Dr. Abdul Hafeez Shaikh Federal Minister for Privatisation & Investment
will inaugurate on Tuesday November 15, 2005 at 10 a.m. at Marriott Hotel,
Islamabad a conference on 'Privatisation of Justice' from the forum of SAARC
Law, which is the prime organisation representing legal community, judges and
jurists from all the SAARC nations.
In past also SAARC Law held various conferences all over the SAARC nations,
which were attended by the Heads of State of SAARC Countries.
The objective of the conference is to provide a solution to offering an
alternative medium, other than litigation for settling commercial disputes
lawfully in order to make Pakistan a business friendly environment in form of
establishment of an arbitration center in Pakistan. This will attract
investors to Pakistan, both foreign and local by offering them viable
alternatives in order to overcome rigours of litigation, causing losses in
terms of time and money.
The conference will provide an opportunity to debate among the
representatives of SAARC countries, judges, arbitrators, members of local and
foreign business community, government of Pakistan and academics on issues and
solutions for providing a legal environment.
The prospective speakers include the Chief justice of Pakistan, Attorney
General, the Chief Justice of India, Head of International Finance
Corporation, President of International Council for Commercial Arbitration,
senior patrons of Clifford Chance, Senior Partners of Allen & Overy and the
World Bank.