U.S.-Pakistan Business Council Welcomes Pakistani Prime Minister Nawaz Sharif

Thursday, September 22, 2016 - 2:00pm

WASHINGTON, D.C.—Today, at a roundtable discussion hosted by the U.S. Chamber of Commerce’s U.S.-Pakistan Business Council (USPBC) on the sidelines of the U.N. General Assembly, Pakistani Prime Minister H.E. Muhammad Nawaz Sharif, a high-level delegation of Pakistani officials, and U.S. CEOs and business executives discussed opportunities for American companies in Pakistan and the bilateral economic relationship.

As he welcomed Prime Minister Sharif, U.S. Chamber Executive Vice President and Head of International Affairs Myron Brilliant highlighted the strategic ties and the growing commercial opportunities between the United States and Pakistan.

“The U.S. Chamber applauds the shared commitment of both governments to deepen bilateral economic, trade, and investment cooperation,” said Brilliant. “We are honored to host Prime Minister Sharif and look forward to addressing our common priorities for the mutual benefit of the business communities in both countries.”

The United States is Pakistan’s largest bilateral trading partner with two-way trade valued at $5.5 billion in the last year. The United States also remains one of the top sources of foreign direct investment.

“The U.S. business community is steadfast in our commitment to the commercial relationship with Pakistan and looks forward to a continued dialogue with senior government officials to sustain and attract foreign investment in the country,” said Dr. Mehmood Khan, USPBC Chairman and PepsiCo Vice Chairman. “We remain optimistic about Pakistan’s future and the country’s potential as a vibrant and dynamic emerging economy. USPBC welcomes the efforts of the Pakistani government to restore economic stability, and the steps taken to improve the business environment and implement the government’s reform agenda, which are critical to promote private sector investment and economic growth in Pakistan.”

The U.S.-Pakistan Business Council is the premier organization in Washington dedicated to the broad advancement of U.S. commercial engagement in Pakistan. Since its inception in 2002, the Council has provided a national forum for dialogue on key economic, political and other issues of interest to American companies operating in or exploring opportunities in Pakistan.

The U.S. Chamber of Commerce is the world’s largest business federation representing the interests of more than 3 million businesses of all sizes, sectors, and regions, as well as state and local chambers and industry associations. Its International Affairs division includes more than 70 regional and policy experts and 25 country- and region-specific business councils and initiatives. The U.S. Chamber also works closely with 117 American Chambers of Commerce abroad.