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ICCI stresses on more Pak-US economic cooperation October 23, 2012
Meeting at ICCI
 
US Embassy in Pakistan was making all out efforts to highlight Pakistan’s potential so that the US businessmen could invest in sectors of their choice.
 
These remarks were made by Ms.Sara M.Beran, Deputy Consellor of Economic Affairs US Embassy in Pakistan during a meeting with Mr.Zafar Bakhtawari, President Islamabad Chamber of Commerce & Industry (ICCI). She also congratulated Mr.Bakhtawari on his appointment as President of ICCI.
 
She said that US Embassy would do all it could to promote women entrepreneurship in the country and the announcement of launching of the US-Pakistan Women’s Council by US Secretary of State Hillary Clinton would also aim to promote the economic advancement of women in Pakistan. 
 
Ms.Sara M.Beran suggested the Pakistan Government should formulate a concrete energy policy to encourage foreign investors in the energy sector of Pakistan. She also appreciated the current petroleum policy of Pakistan which has offered good returns to local as well as foreign investors. 
 
Speaking on the occasion, Mr.Zafar Bakhtawari, President ICCI said that United States should reciprocate to the contributions of Pakistan as frontline state in war against terror by helping Pakistan to address the economic challenges through shifting its support from conventional aid to market access, investment, technology transfer, health, education and training, scientific research, power generation and infrastructural development.
 
He appreciated the US embassy’s assistance in partnering with the Young Entrepreneurs Forum of the ICCI to organize Pakistan’s first-ever Young Entrepreneurs Conference in March. He hoped that the two organizations could work together on future activities aimed at developing the next generation of entrepreneurs and business leaders in Pakistan.
 
Mr.Bakhtawari said that that business community of Pakistan attached great importance to trade relations with the United States. He said that Pakistan exports to US were stood around $3.8billion, asserting that there was dire need for concerted efforts on both sides to improve trade.
 
He was of the view that Pakistan has great potential and good prospects for foreign investors in different sectors of its economy. He said that the US could also help Pakistan in overcoming energy crisis by making investment in power projects and technology transfer. He further said that US should also identify investment opportunities in US market to extend support to Pakistani investors. 

 
 
 
 
   
 
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