Shahzeb Iqbal Success produces confidence; confidence relaxes industry, and negligence ruins the reputation which accuracy had raised. The situation at present in the investment sector of Pakistan reflects the same. No matter how far may we reach in our imaginations but the reality would remain the same. It is intended at present that the Pakistani land may be allowed to be used by the foreign investors for the purpose of utilising its produce. The Board of Investment (BOI) had made tremendous efforts to assure the foreign nationals about the facilities which may be available to them while investing in Pakistan. But this may not be possible. Initially, the government should pay attention to the prevailing problems in the agricultural sector. Inadequate availability of water, the soils dreadful conditions, customary agricultural practices, salinity and water logging, vague distribution of water within the canal commands, poor macro water management and widening gap between water supply and demand are some of the major challenges facing our agricultural sector. Moreover, the health and safety regulation that may be helpful in the better production of agriculture products is another problem. The only regulation that has been adopted in this regard is the Agriculture Pesticides Ordinance, 1971. The main objective of the ordinance is to control import, distribution, and sale of pesticides. However, it does not contain provisions for safeguarding the health of the farmers. Only a few farmers could be educated and inspired to use the modern plant protection technology. A majority of the provincial extension field staff is not qualified nor well trained in this highly skilled job. It would now be easier to discuss the possibility of intervention of foreign investors in our agricultural sector. The BOI adopted the Foreign Private Investment Act 1976 to give effect to the foreign investment. The legislation makes it quite clear that the investment could only be brought in Pakistan if there is any treaty between Pakistan and the foreign investors state. The Lahore High Court, which took up the matter on September 29, 2009, was told that no land had been given to foreign investors although there was an admission of the fact that Qatar and Saudi Arabia were interested in buying the lands. Yet again, the foreign minister has stated the governments willingness to proceed with this illegal venture. The matter becomes more alarming when we discuss Pakistan and these Arab states economic relations. Pakistan has not signed any BIT with these states. The only agreement that exist with both the states is on the exemption given to Saudia from dual taxation. Any investment that may be sought in the context may be contrary to the Foreign Investment Act 1976 and would amount to a venture having no legal sanctity. Nevertheless, one could only suggest that the government should be vigilant when it comes to the integrity of Pakistan. It may keep an eye on the working of BOI so as to avoid any embarrassment before the international tribunals as the fate of this investment could lead to disputes that are beyond the jurisdiction of domestic courts. If any such investment is made within Pakistan, it would be void as the law adopted in this regard does not permit the state to enter into foreign investment agreement without the existence of such BIT. The writer is an advocate of the Lahore High Court. Email: shahzeb_iqbal@yahoo.com