
Prime Minister Shehbaz Sharif has said there are great opportunities for investment in Pakistan's different sectors including agriculture, mines and minerals, IT and AI and Ports and Shipping.
He was talking to delegations of the Business Council for International Understanding (BCIU) and the US-Pakistan Business Council (USPBC) in New York.
The Prime Minister emphasized that Pakistan's economy is stable and it is moving towards growth. He said we have undertaken massive structural reforms and digitizing the economy.
As regards agriculture, he highlighted that production levels can be enhanced with the use of modern technology and machinery. He said God Almighty has also blessed Pakistan with immense natural resources.
Shehbaz Sharif said Pakistan's population is young and the government is doing its best to empower them through IT and AI led initiatives and vocational and skills training.
The Prime Minister also alluded to the significant improvement in Pakistan-US relations over the last one year or so. Referring to the Gulf crisis, he said Pakistan is making efforts to facilitate peace efforts. He hoped that with the support of friends and brotherly countries, we will be able achieve long term peace in the region, emphasizing this is important for business activities and investment.
Both USPBC and BCIU assured the Prime Minister that they will continue to remain closely engaged with the Government and the private sector of Pakistan to enhance cooperation. They recognized Pakistan as an important destination for US businesses in view of its market size and youthful human resource.
In their respective remarks, the USPBC and BCIU members briefed the Prime Minister on their business interests in Pakistan and their plans to enhance their presence in the country.