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A delegation of the US Pakistan Business Council (USPBC) called on the Foreign Minister this afternoon. Led by its Chairman Dr. Mahmood Khan, and President Ms. Esperanza Gomez Jelalian, USPBC delegation is visiting Islamabad to further promote trade and investment opportunities between Pakistan and the United States.

Welcoming the delegation at the Foreign Office, as part of his economic diplomacy initiative, the Foreign Minister apprised the delegation members of the economic and investment opportunities in Pakistan for the U.S. corporate and business sectors. He underlined that following the recently introduced structural economic reforms by the Government, a business friendly climate was fast emerging for foreign companies to invest in diverse areas including clean energy, housing and infrastructure, agriculture as well as information technology. Noting that U.S. companies already operating in Pakistan were getting a high return on their investments, the Foreign Minister added that Pakistan was keen to further accelerate and facilitate their businesses.

The delegation was informed that during his forthcoming visit to the U.S. next week, the Prime Minister would be meeting with prominent business and corporate leaders to brief them on the economic opportunities in Pakistan.

Thanking the Foreign Minister for his time, the representatives of various companies agreed that because of the policy initiatives of the Government, prospects to further intensify and deepen economic engagement between Pakistan and U.S. were encouraging. The delegation will also be meeting with other senior officials of the Government of Pakistan including at the Board of Investment.

Housed in the U.S. Chamber of Commerce, Washington, the U.S.-Pakistan Business Council (USPBC) is the leading private sector association of U.S. companies with business and investment interests in Pakistan. Their membership is made up of senior-level executives of U.S. companies that have invested in Pakistan. These include senior executives of: General Electric, Exxon Mobil, Procter & Gamble, Coca-Cola Company, PepsiCo, Motorola Solutions, Citibank, NetSol Technologies, Hecate Energy, and PMI Global Services.

16 July 2019

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