Pak-US: High-level delegation lobbies for improved commercial ties
Ambassador urges increased interaction between business reps
Aizaz Chaudhry. PHOTO: REUTERS
WASHINGTON:
Pakistan’s Ambassador to the United States Aizaz Chaudhry advised a high-level delegation from the country to increase interaction with their American counterparts to explore untapped business potential for increased economic cooperation.
The delegation, headed by Sindh Governor Muhammad Zubair, met the ambassador on Monday during a day-long trip to Washington DC and conducted meetings at the US State Department with relevant organisations and departments including US-Pakistan Business Council, US EXIM Bank, OPIC, USTDA and the US Department of Commerce.
No joint Pak-US operations, says Asif
The meetings provided the opportunity to exchange information and ideas on strengthening bilateral economic ties between the two countries. The delegation, consisting of 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. Ambassador Chaudhry emphasised the significance of frequent exchanges of business and trade delegations towards strengthening Pak-US bilateral ties entrenched in people-to-people contacts.
He said that being a market of over 200 million people, an ‘emerging’ Pakistan provides enormous investment and business opportunities to US and other international investors. He added that the seven-decade long history of Pak-US bilateral ties has laid a strong foundation of economic and commercial ties but the vast untapped potential needed to be realised through sustained interaction between businessmen and investors from both sides.
Sindh governor underscored the significance of the delegation composed of firms and institutions from both public and private sectors that essentially represents over 20% of market capitalisation in Pakistan.
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He particularly emphasised 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.
Published in The Express Tribune, November 7th, 2017.
Pakistan’s Ambassador to the United States Aizaz Chaudhry advised a high-level delegation from the country to increase interaction with their American counterparts to explore untapped business potential for increased economic cooperation.
The delegation, headed by Sindh Governor Muhammad Zubair, met the ambassador on Monday during a day-long trip to Washington DC and conducted meetings at the US State Department with relevant organisations and departments including US-Pakistan Business Council, US EXIM Bank, OPIC, USTDA and the US Department of Commerce.
No joint Pak-US operations, says Asif
The meetings provided the opportunity to exchange information and ideas on strengthening bilateral economic ties between the two countries. The delegation, consisting of 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. Ambassador Chaudhry emphasised the significance of frequent exchanges of business and trade delegations towards strengthening Pak-US bilateral ties entrenched in people-to-people contacts.
He said that being a market of over 200 million people, an ‘emerging’ Pakistan provides enormous investment and business opportunities to US and other international investors. He added that the seven-decade long history of Pak-US bilateral ties has laid a strong foundation of economic and commercial ties but the vast untapped potential needed to be realised through sustained interaction between businessmen and investors from both sides.
Sindh governor underscored the significance of the delegation composed of firms and institutions from both public and private sectors that essentially represents over 20% of market capitalisation in Pakistan.
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He particularly emphasised 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.
Published in The Express Tribune, November 7th, 2017.