United States keen to look for more investment, trade with Pakistan: Alexander Orr

Karachi, August 18, 2014 (PPI-OT): Senior Economic Officer of US Consulate in Karachi, Alexander Orr has said that United States wants to enhance trade and investment ties as Washington is keen to look for more investment and more trade with Pakistan.

There are lots of challenges and opportunities of enhancing trade and United States remains committed towards furthering relations with Pakistan, he added while speaking at a meeting during his visit to the Karachi Chamber of Commerce and Industry.

President KCCI, Abdullah Zaki, Chairman Diplomatic Affairs Sub-Committee KCCI, Abdul Jabbar Dalal, Former President KCCI, Majyd Aziz, Managing Committee members Zafar Saeed Baghpatee, Asif Bega, Tanveer Barry and Abid Nisar, Senior KCCI Members, Iftikhar Ahmed Vohra, Muhammad Ibrahim Kasumbi and Ateeq ur Rehman were also present at the meeting.

“US has remained actively engaged in various economic activities in Pakistan and we have been supporting Pakistan in its drive to effectively deal with energy crisis”, said Alexander Orr, “U.S. Agency for International Development (USAID) has been cooperating with Pakistani authorities in overcoming the energy crisis being faced by the country.”

“Education is one of the highest priorities of US engagements in Pakistan. We have heavily invested in Pakistan’s education sector and lots of US-funded programs have been undertaken to improve education. Many Pakistani students are already studying in the US and we would love to see more”, he added.

Commenting on negative perception about Pakistan, Alexander Orr said, “Perception about Pakistan is must worse than the reality that requires all of us to make efforts as it is our responsibility to send positive message about Pakistan to the rest of the world while the Pakistani government must also utilize resources to clarify these misconceptions.”

Replying to a question regarding invariable trade between Pakistan and United States during the last one decade, he said that although there are some obstacles in few sectors that need to be worked out but trade has been gradually improving between the two countries. Some positive movement in trade between has been witnessed, particularly the rise in exports of mangoes from Pakistan.

However, Pakistan needs to further promote its products and services in US markets. In this regard, the best way of improving trade between the two countries was to support companies and promote opportunities, he added.

Speaking on the occasion, President KCCI, Abdullah Zaki stressed the need to further enhance trade ties between Pakistan and United States as the existing trade volume was not depicting the real trade potential.

He said that Karachi Chamber has remained vibrant in strengthening trade ties and exploring new bilateral trade prospects with US. KCCI has always maintained the stance that “We want Trade not Aid” and emphasized upon the need of minimizing trade barriers between the two countries.

He pointed out that misconceptions about the security situation of Pakistan must be clarified as the overall security situation was not as worse as being imagined by foreign businessmen and industrialists mainly due to negative travel advisories being issued from time to time.

Abdullah Zaki also underscored the need to enhance interactions between the business communities with a view to further improve trade and business relations between both countries.

He also appreciated US government for assisting Pakistan in overcoming energy crisis, promoting education, helping in increasing economic opportunities, improving healthcare services, and supporting development of critical infrastructure.

For more information, contact:
Aamir Hassan
Director Press/ Electronic Media and Public Relations
Karachi Chamber of Commerce and Industry (KCCI)
Aiwan-e-Tijarat Road, Off Shahrah-e-Liaquat,
Karachi-74000
Email: info@kcci.com.pk, secretary@kcci.com.pk
URL: www.kcci.com.pk
Office: +92 99218001-09
Fax: +92 21 99218040

The post United States keen to look for more investment, trade with Pakistan: Alexander Orr appeared first on Business News Pakistan.

The post United States keen to look for more investment, trade with Pakistan: Alexander Orr appeared first on AsiaNet-Pakistan.

Leave a Reply