Ambassador Aizaz Ahmad Chaudhry emphasized
significance of frequent exchanges of business and trade delegations towards
strengthening Pak-US bilateral ties entrenched in people to people contacts. In
a meeting with a Pakistani business delegation led by Governor Sindh Muhammad
Zubair, the Ambassador highlighted the enormous investment and business
opportunities afforded by an emerging Pakistan - being a market of over 210
million people - to US and other international investors. He added that the
seven- decade long history of Pak-US bilateral ties had laid a strong
foundation of economic and commercial ties but the vast untapped potential
needed to be realized through sustained interaction between businessmen and
investors from both sides, says a press release received from Washington DC
here today.
Governor Sindh underscored the significance
of the delegation composed of firms and institutions from both public and
private sectors that essentially represented over 20 percent of market
capitalization in Pakistan. He particularly emphasized the need for serious and
structured engagement at important avenues - like the forthcoming edition of
US-Pakistan Business Opportunities Conference scheduled to be held in Karachi
during the first quarter of 2018 - towards achieving the desired results.
The delegation comprising leaders and
senior executives from major business houses, banking institutions and state
enterprises from Pakistan has been visiting different cities in the United
States over the past week. The delegation held over 150 meetings with their US
counterparts in New York, Boston and Chicago. During the day trip to Washington
DC, the delegation held a series of meetings at the State Department with
relevant organizations and departments including US-Pakistan Business Council,
US EXIM Bank, OPIC, USTDA and the US Department of Commerce. The meetings
provided the opportunity to exchange information and ideas on strengthening
bilateral economic ties between the two countries.
Ambassador Chaudhry and Governor Sindh
recognized the significant role that Pakistani American community could play
towards forging and strengthening trade and commercial links between the two
countries and agreed to make concerted effort to that end.
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