US Companies Are Keen on Exploring Investment in Pakistan

Her Excellency (H.E.) Angela P. Aggeler, Charge d’ Affaires of the United States to Pakistan, called on the Federal Minister for Finance and Revenue, Shaukat Tarin, at the Finance Division. The United States assured its support to Pakistan’s economy amid the Covid-19 challenges and expressed satisfaction over Prime Minister Imran Khan’s focus on geo-economics. While extending a warm welcome to H.E. Angela Aggeler, Minister Tarin stated that Pakistan and America enjoy a long-term, broad-based, and multi-dimensional relationship. Their bilateral relations have deepened due to people-to-people ties, economic and business linkages, and common interests in promoting peace and stability in the region, he added. She said that economic growth drives everything else and that a number of American companies are looking for business and economic opportunities in Pakistan. ALSO READ PITB and S&IT Department Sign Agreement to Promote Freelancing Training in Balochistan The Minister of Finance remarked that Pakistan is looking forward to strengthening trade and investment ties with the USA under the new administration. In addition to 220 million consumer markets, a growing middle class, and a young vibrant population, Pakistan offers immense opportunities for American enterprises to invest in sectors like Information Technology, Agriculture, Energy, and tourism. These strong bilateral relations will also facilitate closer economic cooperation between the two countries, he added. ALSO READ Rupee Improves Against Dollar for 6th Consecutive Day The minister reiterated the firm commitment of the Government of Pakistan to implementing vital economic reforms and achieving macro-economic stability to build a better future for the people of Pakistan. H.E. Aggeler congratulated Minister Tarin on assuming office and assured him of the full support of the American government and its people to the Government of Pakistan during the ongoing pandemic. The Secretary Finance Division was also present during their meeting.