ISLAMABAD – US Companies Invited To Invest In Pakistan. Special Advisor to PM on Commerce, Industries, and Investment Abdul Razak Dawood, on Wednesday, invited US companies to invest in Pakistan. He said that this was high time for US companies to invest in Pakistan. For increasing bilateral economic and trade relations.
According to details, US Secretary of Commerce, Wilbur Ross is on a visit to Pakistan. The Ministery of Commerce in Islamabad issued a press release on this occasion. The advisor told the visiting delegation that after achieving economic stability, the government is now focusing on job creation. Along with export augmentation by encouraging foreign investments. During this meeting with US Secretary, Special Advisor discussed the issues of bilateral trade and enhanced market access to Pakistan. He also suggested that the US International Development Finance Corporation (IDFC) should help in developing new businesses in Pakistan.
The US secretary’s visit is a result of recent discussions between PM Imran Khan and President Trump to promote bilateral trade and enhanced economic engagements. US Companies Invited To Invest In Pakistan.
Wilbur Ross said that his visit to Pakistan was a part of his government’s desire to increase trade relations with Pakistan. He also believed that such links between the two counties would enhance trade. As well as encouraging further expansion of ties in all fields of economic engagement.
The Special Assistant to PM on Petroleum, Nadeem Babar informed the visiting side on key actions taken to improve ease of doing business in Pakistan. He also shared how more US investments could be incremental in improving the business relations between the US and Pakistan.
The two sides agreed to step up cooperation in the energy sector.