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16 February 2024

HomeLatest NewsUS committed to deepening trade, economic ties with Pakistan: Envoy

US committed to deepening trade, economic ties with Pakistan: Envoy

US committed to deepening trade, economic ties with Pakistan: Envoy

US committed to deepening trade, economic ties with Pakistan: Envoy

ISLAMABAD: (Suno Web) United States Ambassador Donald Blome, during his visit to Karachi, said that his country was committed to deepening trade and economic partnership with Pakistan.

Meanwhile, the American ambassador held discussions on private sector-led sustainable economic growth and opportunities for bilateral trade and investment between Islamabad and Washington, said a statement issued by the US Embassy.

Blome visited Pakistan’s southern port city of Karachi from January 21-23 where he met Pakistani students, entrepreneurs and business leaders.

Trade and investment between the two countries has been hampered since August 2021 when the Afghan Taliban seized power in Kabul. The US suspected Pakistan sheltered Taliban militants, a charge Islamabad has always denied. In 2022, ties between the two countries were further strained when Khan accused Washington of orchestrating his ouster from office through what he calls a “foreign conspiracy.” The US administration has repeatedly denied being involved in it.

“We are committed to broadening and deepening our trade and economic partnership with Pakistan, and to empowering the next generation of Pakistani business leaders,” Blome was quoted as saying by the US Embassy in Islamabad.

The embassy said Blome also met members of the Young Presidents’ Organization, a US-based worldwide leadership community of chief executives, in Karachi.

It said, “The Ambassador welcomed the opportunity to exchange views on Pakistan’s investment and business climate and discuss prospects for economic reform.”

He reaffirmed Washington’s support for start-ups and entrepreneurs through US-funded programs such as the “Academy for Women Entrepreneurs,” “Built By Her,” “Qadam Barhao,” and others, the embassy said.

The US envoy visited the National Incubation Center in Karachi where he conveyed his “strong support” for investors, innovators, and students working to promote innovation and job creation.

“He discussed the importance of collaboration between the United States and Pakistan – and the special role innovators and entrepreneurs play – in improving access to renewable energy resources and addressing the climate crisis,” the statement said.

 

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