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US, Pakistan working to strength economic ties says Amb. Khan

The US, Pakistan Working to Strengthen Economic Ties: Khan

WASHINGTON – Pakistan’s ambassador to the United States, Asad Majeed Khan, said the critical issue at last year’s three meetings between US President Donald Trump and Pakistani Prime Minister Imran Khan was to improve trade between two countries, as well as investment and economic relations.
The ambassador made these comments on Wednesday while participating in a virtual session of the Pakistan Global Technology Summit, entitled “Enabling the transfer of technology from Silicon Valley to Pakistan,” according to a press release issued by the Pakistani embassy in Washington.
“While the United States remains one of Pakistan’s largest export destinations, there remains considerable potential for growth in the information technology (IT) sector,” added Ambassador Khan.
He also highlighted incentives for investment in the technology sector and the various initiatives taken by the Government of Pakistan to facilitate IT investors.
The ambassador emphasized the need to overcome the challenges associated with the stereotypical perception of Pakistan, which, he said, had remained a long-term and committed partner of the United States.
The Head of Internal Affairs of the United States Embassy in Islamabad, John Hoover, who also participated in the discussion, acknowledged that there is a deep pool of talent and business culture in Pakistan and that both the United States and Pakistan must work together to provide an enabling environment for small businesses and startups.
Hoover added that the United States is working with public and private partners on a wide range of programs to support and connect Pakistani entrepreneurs with the technology ecosystem in the United States.
(Sahar News Monitoring Desk)

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