WASHINGTON: Paakistan presents profitable opportunities for U.S. entrepreneurs, particularly in the fast-growing and lucrative IT, energy and minerals sectors,” stated Ambassador Rizwan Saeed Sheikh, Pakistan’s Ambassador to the United States.
“With the leadership of both countries committed to anchoring bilateral relations in economic cooperation, we are fully committed to providing a conducive and investor-friendly environment for U.S. investors and the business community eager to tap into a dynamic market of over 250 million people,” said the Ambassador.
Strategically located at the crossroads of South Asia, Central Asia, and the Middle East, Pakistan serves as a vital trade corridor, offering U.S. businesses connectivity to energy-rich Central Asian markets and liquidity laden Gulf States, he added.
The Ambassador made these remarks during a meeting with a delegation from the Yale School of Management at the Embassy of Pakistan in Washington, DC.
The meeting was informed that the United States-Pakistan Business Alliance was facilitating a visit by a 35-member student delegation from Yale School of Management to Pakistan.
The purpose of the visit is to explore business opportunities, engage with policymakers, and assess Pakistan’s investment potential firsthand. The initiative reflects a growing interest in evaluating Pakistan’s business environment and identifying avenues for stronger and long term economic partnership.
Addressing the delegation, Ambassador Sheikh highlighted the positive trajectory of Pakistan-U.S. relations and ongoing efforts geared to strengthening trade and investment ties for the mutual benefit of both nations.
He emphasized that Pakistan offered significant opportunities in tourism, agriculture, energy, manufacturing, and information technology sectors, noting the country’s comparative advantages in cost-effectiveness and qualitative terms.
Describing Pakistan’s tech-savvy youth – the largest and expanding demographic cohort – as a key national asset, the Ambassador stressed that the talented workforce would effectively meet the growing demands of the U.S. market, particularly for businesses and tech entrepreneurs.
He also outlined various policy measures taken by the Government of Pakistan, including the pivotal role of the Special Investment Facilitation Council (SIFC), to enhance ease of doing business and attract foreign investment.
“The success of over 80 U.S. companies already operating profitably in Pakistan bears testimony to the country’s vast economic potential,” the Ambassador observed.
He welcomed and appreciated the initiative by the United States-Pakistan Business Alliance to organize the Yale delegation’s visit and assured full support and facilitation during their trip.
The delegation thanked the Ambassador for the insightful briefing and looked forward to Embassy’s facilitation during their forthcoming trip to Pakistan.
