Pakistan and US business leaders and officials will gather in Dubai on June 25 for Pakistan-US Business Opportunities Conference which aims to enhance the scope of trade relations between the two countries.
Finance Minister Senator Ishaq Dar will lead a high profile delegation to the conference, which will include Federal Minister for Water & Power Khawja Asif, former ambassador Javed Malik, Minister of State for Privatization Khurram Dastgir, Secretary Commerce Munir Qureshi and senior official from Commerce Ministry, said a press release.
More than 100 US companies led by their chief executive officers and senior directors will attend this important conference and meet the Pakistani government officials as well as prominent business leaders.
The US companies attending the conference will be given presentations and briefings on the various opportunities of investment in Pakistan in different sectors, including energy, agro-business, infrastructure, as well as a number of areas of mutual interest.
From the US government senior officials including Daniel Fieldman, US Deputy Special Representative on Afghanistan and Pakistan, and US Ambassador to Pakistan Richard Olson, and other key officials from US Department of Trade, US Department of State and US Embassy in Pakistan will all be present during the two-day conference.
Speaking about the significance of the conference, former UAE based
Pakistan Ambassador, Javed Malik said, “The Pakistan-US Business & investment conference comes at an important time as the new democratic government in Pakistan has taken office, and Prime Minister Nawaz Sharif has already indicated his government’s priority in creating an investor friendly business environment for foreign investors.”
He said the US was a major trading partner for Pakistan, however according to observers on both sides there was still a lot of scope to further expand our bilateral trade relations.
This is possible by exploring new areas of economic cooperation, and
identifying new sectors for investment, and this conference is likely to focus on indentifying these new avenues and pave the way for increased cooperation, he added.
Underscoring the importance of increased market access, Javed Malik said,” Pakistan will continue to make a case for increased market access of Pakistani goods for US markets, and during the conference we will highlight the significance of this aspect which can have a very favorable impact of giving the much needed boot to bilateral trade.”
Speaking about the investment opportunities in Pakistan, Javed Malik said, “Let us not forget that despite some challenges, Pakistan continues to offer a promising potential for investment in a number of areas including energy, agro-business, infrastructure development, mining, exploration of minerals, livestock and this conference will provide a good opportunity for Pakistani businessmen, as well as government to showcase these opportunities to the US delegates.”
The conference will conclude on June 26.