Pakistan, US Agree to Boost Trade Ties

Pakistan, US Agree to Boost Trade Ties

Islamabad (September 12, 2017): Pakistan will soon host Business opportunity Conference in collaboration with the United States to boost sector vice cooperation between business community of the two countries.

This was agreed at a meeting between Commerce Minister Mohammad Pervaiz Malik and United States Ambassador to Pakistan, Mr. David Hale in Islamabad on Tuesday.

The Minister said that Pakistan and United States have cordial trade relations at trade between the two countries stand at 6 billion dollars during the last financial year.

He said that Pakistan is also looking forward to further improve bilateral trade with Afghanistan and facilitate the transit trade between the two countries.

The Minister said Pakistan is looking forward to holding the 7th meeting of Afghanistan-Pakistan Transit Trade Coordination Authority which was scheduled on 10th and 11th of this month but unilaterally postponed by the Afghan side.

The Ambassador said that Pakistan is lucrative for investment and that U.S businesses are interested in investing in Pakistan. He further said that GSP is the key and Pakistan is making good use of it.

Earlier, the European Union Ambassador to Pakistan Mr. Jean Francois Cautain called on Federal Minister for Commerce, Mohammad Pervaiz Malik. Matters of mutual interest were discussed in the meeting.

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