US investors and businessmen have evinced keen interest for investment in different sectors of Pakistan.
The interest was expressed by a delegation of US Chamber of Commerce and US-Pakistan Business Council in a meeting with Prime Minister Muhammad Shehbaz Sharif in Islamabad today.
The Prime Minister said the US-Pak Business Council has a key role in strengthening partnerships, promoting investment and advancing economic relations between Pakistan and the United States.
He said the presence of over 80 US companies in Pakistan testifies that Pakistan is a safe and profitable country for business and investment.
Highlighting the historic economic and strategic ties between Pakistan and the United States, the Prime Minister said our partnership is mutually beneficial. He added that Pakistan is one of the largest importers of US cotton.
Shehbaz Sharif said by expanding trade and investment links, we can create opportunities for the well-being of our two peoples.
He expressed Pakistan's desire to look forward to a constructive partnership with the US businesses, investors and industrialists to increase bilateral trade and investment in goods and services, especially in the IT sector.
The Prime Minister said Pakistan's market is ready for new foreign investment, and the government is facilitating one-window operations for investors and traders through the Special Investment Facilitation Council (SIFC).
He mentioned the government's economic successes and their acknowledgment by global rating agencies.
The Prime Minister said government is making all out efforts for streamlining the regulatory process, increasing transparency, and eliminating bureaucratic hurdles to create a more conducive environment for businesses.
He said Pakistan is in touch with the US administration on the tariff issue and it is hoped that a mutually beneficial solution will be reached.
The US-Pak Business Council delegation termed Pakistan an attractive country for investment and said it wants to benefit from investment opportunities here.