Wednesday, August 17, 2022

US special representative stresses greater economic ties - Daily Times

Last updated Tuesday, July 5, 2022 01:21 ET , Source: TopWireNews

US Special Representative for Commercial and Business Affairs Dilawar Syed said on Monday that the United States is Pakistan’s largest single-country export market and one of Pakistan’s largest sources of foreign investment.
Talking to businesspeople here at Lahore Chamber of Commerce & Industry (LCCI), he said, “We must capitalise on that potential, and nurture even greater and energetic economic ties.” LCCI President Mian Nauman Kabir, Senior Vice President Mian Rehman Aziz Chan, Vice President Haris Ateeq, Regional Policy Lead, Europe, Central Asia, Pakistan Gaia Self and Political & Economic Section Chief of US Consulate General, Lahore Kathleen Gibilisco also spoke. The US Independence Day was also celebrated at the ceremony.
Dilawar Syed said, “We already have a strong base as more than 80 US companies in Pakistan. There is a need to further improve the business environment here as there is a huge potential of Pakistani products.” He said that there is also a dire need to enhance dialogue at all forums. “We hope Pakistan will continue implementing reforms to make it more attractive for global investors. We are exploring concrete ways in which we can build on that relationship to benefit both of our countries. We must seize opportunity to boost commercial, economic ties,” he maintained.
He said that Pakistan would have to make its supply chain more resilient. Considering the huge potential of Pakistan market and youth bulge, there is a vast scope for further...

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