Islamabad: Federal Minister for Law and Justice Senator Azam Nazeer Tarar represented Pakistan at the Law, Justice and Development Forum 2026 in Washington, D.C., where he highlighted the country’s legal and judicial reforms as pivotal to economic growth and investor confidence. The event, hosted by the World Bank Group, convened over 40 ministers and senior legal leaders globally to discuss the impact of legal reforms on private investment and institutional strengthening.

According to Press Information Department, Senator Tarar addressed the forum’s financial sector session, underscoring that economic confidence is fostered through the prompt and predictable enforcement of contracts. He also participated in discussions on commercial disputes, judicial reform, and development financing, emphasizing that justice reform is a key component of economic reform.

Senator Tarar presented Pakistan’s reform initiatives, including the Asaan Karobar law for streamlining business operations, the Foreign Investment Promotion and Protection Act 2022, and proposed amendments to the Companies Act aimed at easing corporate regulations. He also outlined efforts to enhance commercial dispute resolution through specialized courts and a new Arbitration Act.

On the second day, the Minister engaged in the MENAAP Regional Ministerial Dialogue, advocating for regional cooperation in modernizing legal systems. He proposed peer learning, exchange of experiences, and faster cross-border enforcement of arbitral awards. He invited the World Bank’s support for Pakistan’s reform initiatives and suggested establishing a regional platform for justice modernization.

The Federal Minister reiterated Pakistan’s commitment to fostering investment, sharing reform experiences, and collaborating with international partners to enhance the justice system and investment climate.