Pakistan moves to formalize U.S. Pakistan Business Alliance
MG News | January 07, 2026 at 06:00 PM GMT+05:00
January 07, 2026 (MLN): Pakistan will formally bring the U.S. Pakistan Business Alliance (USPBA) under the regulatory framework of the Board of Investment (BOI), a move aimed at strengthening institutional coordination and attracting greater U.S. private-sector investment into key sectors of the economy.
The development was outlined by Federal Minister for the
Board of Investment Qaiser Ahmed Sheikh while addressing a gathering of
business leaders, diplomats and investors in Islamabad.
The registration of USPBA with the BOI is expected to
streamline engagement between U.S. investors and Pakistani authorities at a
time when both sides are seeking to expand trade and investment ties, according
to the press release.
Sheikh said Pakistan’s geographic position linking South
Asia, Central Asia, the Middle East and China provides a strategic advantage
for regional trade and supply chains.
He noted that economic engagement between Pakistan and the
United States is gaining momentum, creating space for deeper commercial
cooperation.
The minister highlighted investment potential in minerals
and mining, including rare earth elements, as well as technology, energy and
industrial manufacturing.
These sectors have been identified by the government as
priorities for foreign direct investment amid efforts to diversify exports and
reduce reliance on imports.
He also pointed to improving sentiment in Pakistan’s equity
market, where rising participation reflects growing confidence in macroeconomic
stability following fiscal and regulatory reforms.
Pakistan’s benchmark stock index has posted strong gains in
recent months, supported by expectations of monetary easing and an improving
external account.
To support investors, the BOI’s Business Facilitation Center
is providing a one-window platform to reduce procedural bottlenecks, while
ongoing regulatory reforms and the Asaan Karobar Act are aimed at improving the
ease of doing business for both domestic and foreign companies.
The event was attended by FPCCI President Atif Ikram Sheikh,
Haroon Akhtar Khan of SPMA, officials from the U.S. Embassy and representatives
of the business community.
Sheikh also welcomed a delegation of Yale University
students visiting Pakistan, describing academic exchanges as a potential
catalyst for future trade and investment linkages.
The BOI reiterated its role as the government’s lead agency
for investment promotion, with a focus on translating improving investor
sentiment into sustained capital inflows and job creation.
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