US government will boost investment opportunities with Pakistan

[Path-Finder]

KARACHI: US Government will play its role to boost and explore business and investment opportunities with Pakistan and help benefit the people, said Mark Russell, Senior Officer, Commercial Service, Department of Commerce International Trade Administration, US Consulate in Karachi.

In his meeting with the delegation of America Pakistan Business Development Forum (AMPAK BDF) here Wednesday, he also appreciated efforts of the forum in bringing the people of two countries closer.

AMPAK BDF Delegation was headed by Nawaid Isa, Founder and President of the forum and Managing Partner ICCMC who travelled alongwith few US businessmen and investors from Houston to launch Pakistan Chapter of this forum in Karachi.
Other members of delegation included Syed Nasser Wajahat, Secretary General, Pakistan Chapter, Akhtar Shaheen Rind, Syed Turab Shah, Secretary Corporate Affairs, Ali Pesnani, Secretary Investment & Banking and Noorul Hasan.

Mark Russell lauding the launch of AMPAK BDF in Pakistan said the US government was interested to work with AMPAK BDF in future and will explore more avenues to compliment its efforts for promotion of friendly business relations between the two nations.

He on the occasion also shared few ongoing and future projects aiming to enhance bilateral trade and investment and invited AMPAK BDF team to take it a step forward.

On behalf of AMPAK BDF, Mark Russell also presented a shield to Secretary Investment & Banking of AMPAK BDF Pakistan Chapter Ali Pesnani.

He also appreciated efforts of Nawaid Isa, Syed Nasser Wajahat and other team members of the AMPAK BDF for the cause of trade and business promotion between the two countries.

https://timesofislamabad.com/14-Nov...-boost-investment-opportunities-with-pakistan

 

[Path-Finder]

to be taken with a pinch of salt!!

 

[Solomon2]

to be taken with a pinch of salt!!

ITA inherited the regulatory mantle of the guys who made the export-driven part of the Marshall Plan a success. The Marshall Plan rebuilt Western Europe after WWII.

Note that Russell went around the State Dept. to do this. So it's probably the very opposite of "a pinch of salt" issue: this is the guy who can facilitate Pakistani manufacturers' access to U.S. markets and capital.

 

[Path-Finder]

ITA inherited the regulatory mantle of the guys who made the export-driven part of the Marshall Plan a success. The Marshall Plan rebuilt Western Europe after WWII.

Note that Russell went around the State Dept. to do this. So it's probably the very opposite of "a pinch of salt" issue: this is the guy who can facilitate Pakistani manufacturers' access to U.S. markets and capital.

have heard this sooooo many times but rarely do we see anything happening.

 

[FalconStar]

Is their a more useless statement than this one. "We will work towards something something which will bring an investment of something".
At the end, after years of discussion US gives a $1 Million to some nameless, worthless project with a big USAID logo.

 

[GumNaam]

no thanks. keep your investment viruses away!

 

[Azadkashmir]

usa has track record of investment look at africa.

 

[maximuswarrior]

Nothing will happen. This is another hoax promise.

 

[zectech]

to be taken with a pinch of (Himalayan) salt!!

 

[xyxmt]

please dont take any offer

 

[IceCold]

ITA inherited the regulatory mantle of the guys who made the export-driven part of the Marshall Plan a success. The Marshall Plan rebuilt Western Europe after WWII.

Note that Russell went around the State Dept. to do this. So it's probably the very opposite of "a pinch of salt" issue: this is the guy who can facilitate Pakistani manufacturers' access to U.S. markets and capital.

Please! You can save that for the Trump land, Pakistan is doing just fine without it. Thank you.

 

[Solomon2]

Is their a more useless statement than this one. "We will work towards something something which will bring an investment of something". At the end, after years of discussion US gives a $1 Million to some nameless, worthless project with a big USAID logo.

have heard this sooooo many times but rarely do we see anything happening.

ITA isn't USAID. ITA doesn't control or sponsor capital investment abroad. Rather, they have a primary role in regulating access to the U.S. market. Being on good terms with them can smooth over difficulties and perhaps make the difference between a successful and unsuccessful exporting economy.

 

[LeGenD]

Good news, if true.

Is their a more useless statement than this one. "We will work towards something something which will bring an investment of something".
At the end, after years of discussion US gives a $1 Million to some nameless, worthless project with a big USAID logo.

The very institute where I am employed (and studying) at the moment, came into existence with support of USAID. And this institute is one of the finest in Pakistan, at present.

USAID can do lot of good for Pakistan but Pakistani bureaucracy (and politicians) seldom approve projects in which USAID is willing to help - education and welfare programs in large part. I conducted a feasibility study for the construction of a Center for Research in Finance for a notable institute, but institutional bureaucracy was not interested. I proposed funding from USAID, if this was the issue; this also fell on deaf ears.

USAID is not a fault.

 

[Trango Towers]

Never trust america thats run by the zionists.

 

[LeGenD]

Please! You can save that for the Trump land, Pakistan is doing just fine without it. Thank you.

Yes! Exceptionally fine: https://defence.pk/pdf/threads/foreign-investment-plunges-46pc.587130/