Pak-US envoys ready to increase economic ties: Salman Taseer

LAHORE, Punjab Governor Salman Taseer Monday said that key areas for joint US-Pakistan ventures have been identified and both the sides were keen to start work on increasing business ties.” Supporting Pakistan is in the larger strategic interests of the US government,” he said while talking to the media after attending an ‘Investment Conference’ at the Governor’s House.He said that the investment conference was an important milestone towards increasing foreign investment in Pakistan and ensuring access to Pakistani goods in the US markets.

The US delegation was led by Deputy Under Secretary for Defence Paul A. Brinkley. Also present were Principal Officer of the U.S. Consulate Carmela Conroy, Provincial Minister of Finance, Planning & Development Tanvir Ashraf Kaira, and Chairman Board of Investment (BOI)Saleem Mandviwalla.
He said that the security situation in Pakistan had improved greatly in the past eight or nine months and that the time was ripe to invite foreign investors.
He reiterated Pakistan’s need for trade over aid and stressed that it was in the national interest of the US to help stabilize Pakistan’s domestic situation, and it was not just about economics.

The Governor informed the delegation of Pakistan’s huge technical base, burgeoning middle class and a population of 100 billion under-25 year olds.
He stated that Pakistan had an exceptional record and that no Pakistani bank had gone down during the global meltdown.
The Punjab governor said an American business delegation would visit Pakistan in June this year to explore business ties between the two countries adding that every area was open to investment and that the delegation would act as a spring-board for future investments.
Talking to media Brinkley said the US wished to extend and foster economic ties between the business communities of the US as well as Pakistan.
He said the US also wishes to bridge the perception gap regarding Pakistan.
Brinkley said the US believed in working together to alleviate economic difficulties and frustrations faced by Pakistan by creating job opportunities, raising education level and creating professionalism.
Brinkley said the US government was determined to ensuring business-to-business engagements at senior level.


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