Business

Pakistan and the USA discussed a wide array of issues aiming to foster bilateral trade and investment

An intersessional meeting under Pakistan-United States Trade & Investment Framework Agreement (TIFA) was held in Islamabad. Mr. Muhammad Sualeh Ahmad Faruqui, Federal Secretary Commerce, co-chaired the meeting along with Mr. Christopher Wilson, Assistant United States Trade Representative (AUSTR) for South and Central Asia.

Secretary Commerce appreciated the visit of AUSTR which is coinciding with the 75th anniversary of establishment of diplomatic ties between Pakistan and the USA, and it is a testament to our mutual relationship.  Mr. Wilson acknowledged the longstanding and robust relationship between the two countries and this visit will underpin and strengthen the trade ties between the two countries. Both sides agreed to reinvigorate and revitalize trade and business relationships.

Pakistan and the USA discussed a wide array of issues aiming to foster bilateral trade and investment, cooperation in agriculture, textile, and healthcare sectors, promoting digital trade and e-commerce, protecting intellectual property, promoting labor rights, and economic empowerment of women. It was agreed to further strengthen bilateral relations, and to take steps to enhance trade and economic cooperation. Pakistan and USA would work to support more business-to-business contacts and interaction between the governmental organizations.

Officers of various Ministries and public organizations like Ministry of Foreign Affairs, M/o OPHRD, M/o Climate Change, Power Division, M/o National Food Security & Research, M/o Information Technology, DRAP, BOI, AEDB and SBP also participated in the meeting.

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