BoI to register US-Pak Business Alliance

Minister cites renewed momentum in ties, underscores US investment scope

ISLAMABAD:

The Board of Investment (BoI) will formally register the US-Pakistan Business Alliance (USPBA) to ensure institutional coordination and facilitation, Federal Minister for BoI Qaiser Ahmed Sheikh announced on Wednesday while addressing the launch ceremony of the alliance's Pakistan Chapter in Islamabad.

According to an official statement, the BoI minister highlighted that trade and economic relations between Pakistan and the United States were moving in a renewed and positive direction. He said Pakistan-US engagement had witnessed greater warmth and dynamism during the tenure of US President Donald Trump.

Sheikh underscored the strategic importance of Pakistan's geo-economic location, describing the country as a natural bridge connecting South Asia, Central Asia, the Middle East and China. He said this positioning offered strong potential for regional and international trade. The minister identified minerals and mining, rare earth metals, technology, energy and industrial development as key areas with untapped potential for US investment in Pakistan. He also referred to the performance of Pakistan's stock market, stating that rising investor confidence reflected strengthening economic fundamentals.

He said the Business Facilitation Center established by the BoI was providing a one-window solution to investors, aimed at streamlining procedures and improving the ease of doing business. He added that ongoing regulatory reforms by the BoI, along with the Asaan Karobar Act, represented an important step toward facilitating both local and foreign investors.