KARACHI – Economic Unit Chief of US Consulate General Karachi, Chad Miner said that perception of Pakistan is changing for better, American companies and investor are looking forward to Pakistan. He expressed this view while addressing a meeting arranged by Korangi Association of Trade & Industry. President of KATI Danish Khan, Senior Vice President Faraz-ur-Rehman, Vice President Maheen Salman, Head of KATI’s standing committee on diplomatic affairs Masood Naqi, Farukh Mazhar, SM Yahya, Tariq Malik, Umer Rehan, and others also addressed the gathering.
President KATI Danish Khan presenting KATI’s shield to Economic Unit Chief of US Consulate General Karachi, Chad Miner. At the occasion, Masood Naqi, Faraz-Ur-Rehman, Maheen Salman, Tariq Malik, Umer Rehan, Jean foster and Mahreen Kashif are also present.
Mr. Miner said that Karachi is a lively city and the perception of Pakistan is changing for better globally. He said that PM Khan has vowed many positive measures to counter extremism and money-laundering in Pakistan and also showed firm intentions to bring reform in the economic system of the country. And on the other hand, Pakistan is also playing an important role in the peace process in Afghanistan. He noted that positive results of these measures were expected and that is the reason American companies and investors are now looking forward to opportunities in Pakistan.
President KATI Danish Khan said that the US is the largest trade partner of Pakistan. He said that we look forward to expending this relation to the mutual interest of both countries. He said that to enhance the access of Pakistani products to US markets there is a need to facilitation. He urged relaxation in tariffs for Pakistani products. Danish Khan suggested that after effective measures to reinstate law& order and curbing money laundering business environment of Pakistan has got far better. He added that there are many opportunities for American companies and investors in agriculture, livestock, and food processing and seafood sectors.
Masood Naqi said that the United States has invested enormously in the social and development sector of Pakistan which should be appreciated. “We should reconsider the strategy, social indicators can only be improved with industrialization and economic prosperity. Our American friends should come forward to invest in the industrial sector of Pakistan and certainly this will be more effective for social and development indicators” he noted. He further said that to improve business to business relation and interaction of both countries the US should reconsider its travel advisories for its citizens. SVP Faraz-ur-Rehman suggested that with a lower cost of human resource and production Pakistan would be a suitable destination for American manufacturers. Economic officer of the consulate Jean foster and economic specialist Mahreen Kashif also accompanied the economic unit chief in this meeting.
