The United States and Pakistan on Monday agreed to enhance economic and trade ties in different areas of the economy and also decided to look for new avenues of trade.
Adviser to Prime Minister on Commerce and Investment Abdul Razak Dawood and US Secretary of Commerce Gina M Raimondo held a telephonic conversation to discuss the obstacles in the way of promoting trade and investment between the two countries.
According to a press release issued by the Ministry of Commerce, it was the second such engagement at the top level on trade and investment since the inauguration of Biden administration in Washington.
The first dialogue was held with the US trade representative in May 2021.
Read More: Building new economic partnership
The adviser highlighted the trade and investment opportunities for US enterprises in Pakistan in the areas of textile, agriculture, IT, engineering and pharmaceutical.
The US secretary of commerce showed keen interest in investment opportunities in the digital economy in Pakistan.
Both sides underlined the importance of enhancing collaboration to remove trade barriers and subsequently deepen bilateral trade between the two countries.
Published in The Express Tribune, August 31st, 2021.
Like Business on Facebook, follow @TribuneBiz on Twitter to stay informed and join in the conversation.
COMMENTS
Comments are moderated and generally will be posted if they are on-topic and not abusive.
For more information, please see our Comments FAQ