Pakistan seek positive economic development with United States over foreign investment

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Pakistan seek positive economic development with United States over foreign investment

ISLAMABAD - Pakistan seek positive economic development with United States over foreign investment.

United States Secretary of Commerce Wilbur Ross on Wednesday said Washington was willing to enhance investment in the country and that the US supported trade and development in the country.

Ross’ comments came during a meeting with Commerce Advisor Abdul Razak Dawood as the two met in Islamabad to discuss trade ties between US and Pakistan.

“We fully support trade and development in the country. Pakistan needs to enhance bilateral ties with US,” Ross said.

Razzak, on the other hand, said they will provide all the facilities to the exporters. “We are taking steps to make this a favourable trade environment. There are many business opportunities for US businessmen in the country.”

He added that textile and other products should also be granted preferential trade agreement. “US companies can set up factories in Pakistan to export their product in other markets. These companies can experience the benefit in Pakistan.”

Pakistan