Pakistan’s Ambassador to the United States, Rizwan Saeed Sheikh has reiterated commitment of the Pakistan’s government to further deepen Pak-US trade volume in coming years to the mutual benefit of both countries.

He was addressing a reception hosted by Pakistan-American Chambers of Commerce (PACC) in Los Angeles. 

Prominent members of Pakistani-American business community and business leaders belonging to various sectors joined the Reception and participated in the discussions.

The Consul General of Pakistan in Los Angeles, Asim Ali Khan and Trade and Investment Counsellor were also present on the occasion.

The Ambassador emphasized significance of Pak-US trade and investment relations, noting that the United States remains Pakistan’s largest export destination, with total bilateral trade reaching 7.5 billion dollars in 2024, and Pakistani exports to the U.S accounting for nearly 20 percent of its global shipments.

The Ambassador noted that Pakistan offers a dynamic and forward-looking investment environment, backed by competitive incentives, a young workforce, and growing infrastructure.

He also underscored Pakistan’s progress under the Special Investment Facilitation Council, a whole-of-government initiative aimed at streamlining investment approvals, accelerating regulatory clearances, and promoting public-private partnerships.

He invited American businesses to explore new opportunities in IT, agriculture, renewable energy, textiles, and manufacturing, adding that Pakistan’s startup ecosystem had attracted over 700 million dollars in venture funding in recent years and continues to grow.

The participants discussed the importance of strengthening diaspora-led entrepreneurship, improving access to U.S markets through better logistics and digital infrastructure, and fostering collaboration between U.S chambers and Pakistani industry bodies such as TDAP, PSEB, BOI, and SMEDA.

In his remarks, Consul General Asim Ali Khan thanked the PACC leadership for their continuous efforts in building bridges between the business communities of both nations.