ISLAMABAD: Steve Knode, Commercial Counselor of USA visited Islamabad Chamber of Commerce and invited Pakistani business community to participate in SelectUSA Investment Summit that is scheduled to be held in Washington DC, USA from June 18,20, 2017. He said the event provided Pakistani investors a good platform to explore new business opportunities by interacting with global participants.
He said the US welcomes investors of all sizes, including established multinationals, SMEs and high-growth startups. He said the SelectUSA Investment Summit brings the diversity of the United States together under one roof enabling any business to find the people, the resources, and the market it needs to be successful. He said that the participants at the first three Investment Summits had announced more than $20.6 billion in greenfield FDI into the United States since 2013. He stressed that Pakistani investors should take maximum participation in this event to enhance their business prospects. He said Pakistan’s exports to US were improving and added that close collaboration between private sectors of both countries would be helpful in bringing latest technology and machinery to Pakistan in various fields.
Speaking at the occasion, Khalid Malik, Senior Vice President, Islamabad Chamber of Commerce and Industry said that Pakistan and USA were strategic partners in war against terrorism, however, the economy of Pakistan has suffered losses of billions of rupees due to fighting against terrorism. He was of the view that the best way for USA to support Pakistan’s economy was to provide enhanced access to its products in US market.
He said Pakistan and USA should promote strong linkages between their private sectors to establish long-term and sustainable trade and economic relations. He assured that ICCI would like to work with US Embassy for bringing business community of both countries even closer. Towards the end of the meeting, Khalid Malik, SVP presented a shield of ICCI to the visiting guest.
