BURKE, Virginia – The Chairman of the Pakistan American Business Association (PABA), Mr. M. Siddique Sheikh, has asked Pakistani and American entrepreneurs to attend a business moot being organized in Islamabad by the Pakistani government in collaboration with the U.S. embassy to highlight investment opportunities in Pakistan.
The “U.S.-Pakistan Economic Partnership Week” is scheduled to be held on March 9-12 and will be attended by Pakistani and U.S. officials and representatives from various private sector companies.
“The event will be a good opportunity to get a first-hand knowledge about investment opportunities in Pakistan in various sectors, included textile, power and energy,” Mr. Sheikh said in a statement, adding that various American companies are already working in Pakistan.
Representatives from textile and apparel sector, footwear, agriculture, surgical instrument, energy, information technology, pharmaceuticals and infrastructure will be attending the 4-day moot which will also feature the Business Opportunities Conference and Trade and Investment Framework Agreement (TIFA) Council meetings. A field visit to a factory will also be arranged for the participants.
The U.S. is Pakistan’s single largest trading partner with two-way trade touching $5.33 billion mark in 2013. U.S. companies have invested $1.3 billion in the Pakistani economy in the last seven years.
Mr. Sheikh expressed the hope that the event will be a big success and will help further promote economic and trade ties between Pakistan and the United States.