October 02, 2018: American businessmen have expressed their commitment to push for improved bilateral economic and business relationship between the two countries, aimed at resolving tensions and achieving shared goals.

The commitments were made amidst meetings between FPCCI’s delegation led by its President Ghazanfar Bilour and US businessmen that included Esperranza G. Jelalian, President of US-Pakistan Business Council.

The US investors said that the investment climate in Pakistan is better than other regional countries but there is a room for further improvement, adding that they support a broad-based bilateral relationship with the country that promotes trade and investment which can help rapid development.

They further said that continued implementation of sound policies and necessary structural and financial reforms will boost the confidence of investors and create jobs resulting in improved economic growth.

FPCCI President Mr. Ghazanfar Bilour said that they were in process of promoting a competitive market by enhancing the investment climate and regulatory environment.

He also said that strengthened intellectual property rights protection and enforcement will promote the interest of foreign investors in promising Pakistani market.

He highlighted the investment opportunities in Pakistan and invited the American Business community to explore opportunities.

Chairman Coordination FPCCI Malik Sohail said that Pakistan is spending billions of dollars on infrastructure development despite budgetary pressures and other challenges.

Reliance on state-owned enterprises is being reduced while substantial improvements in access to health care as well as education reforms have been initiated which will improve overall situation, he added.

Vice Presidents of FPCCI Karim Aziz Malik, trade Minister Ali Tahir, former president ICCI Muzmil Hussain Sabri, Ayaz Malik, Akbar Khan, Chaudhry Sajjad and Arslan Khokhar also attended the meetings.

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