Islamabad: US investors and businessmen have expressed a strong interest in investing in various sectors in Pakistan. This interest was demonstrated during a meeting between a delegation from the US Chamber of Commerce and the US-Pakistan Business Council with Prime Minister Muhammad Shehbaz Sharif in Islamabad.

According to Radio Pakistan, the Prime Minister highlighted the significant role played by the US-Pak Business Council in enhancing partnerships, promoting investment, and advancing economic relations between Pakistan and the United States. He noted the presence of over 80 US companies in Pakistan as evidence of the country’s safety and profitability for business and investment.

The Prime Minister emphasized the historic economic and strategic ties between the two nations, noting that their partnership is mutually beneficial. Pakistan’s position as one of the largest importers of US cotton was also underscored as a key aspect of this relationship.

Shehbaz Sharif indicated that expanding trade and investment links could create opportunities for the well-being of both countries’ populations. He voiced Pakistan’s eagerness to engage in a constructive partnership with US businesses, investors, and industrialists, particularly in the IT sector, to enhance bilateral trade and investment.

The Prime Minister assured that Pakistan’s market is open to new foreign investments, with the government facilitating one-window operations for investors and traders through the Special Investment Facilitation Council (SIFC). He also mentioned the government’s economic achievements and their recognition by global rating agencies.

Efforts are being made by the government to streamline the regulatory process, increase transparency, and eliminate bureaucratic hurdles to create a more favorable business environment. Additionally, Pakistan is in discussions with the US administration regarding tariff issues, with hopes of reaching a mutually beneficial solution.

The delegation from the US-Pak Business Council described Pakistan as an attractive investment destination and expressed their desire to capitalize on investment opportunities in the country.