A delegation of US-Pak Business Council (USPBC) called on Razzak Dawood, Prime Minister’s Advisor on Commerce & Textile, Industries & Production and Investment to discuss bilateral trade and investment opportunities. The delegation consisted of representatives of prominent US multinational corporations (MNCs) including PespsiCo, Uber and Facebook.
The advisor to prime minister highlighted the investment and business opportunities in Pakistan while explaining the newly-introduced policies, containing incentives for the startups and new businesses by easing out regulatory framework in the country. He urged the delegation to enhance the trade and investment relations between the two countries as the existing relations are not at par with the potential
Pakistan has launched a program titled ‘Regulatory Guillotine’ to ease the business regulations. The program will focus on mapping of the existing business regulations, assessing their need, weeding out the unnecessary and digitalization of the required regulation notifications.
The president and members of USPBC delegation appreciated business friendly environment and showed strong commitment in unleashing new business ventures in Pakistan. They also highlight prospects of US-Pakistan trade and investment ties through enormous business and commercial opportunities in Pakistan and explore new areas of investment and cooperation.
The USPBC is the premier organisation in Washington dedicated to the broad advancement of the US commercial engagement with Pakistan. It provides a national forum for dialogue on key economic, commercial, humanitarian, and political issues of interest to American companies operating in or exploring business opportunities in Pakistan. The council’s membership consists of senior-level executives of the US companies that are major investors in Pakistan and are firmly committed to the Pakistani market.
