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US companies desirous of enhancing investments to Pakistan: Wilbur Ross

Web Desk by Web Desk
February 26, 2020
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ISLAMABAD: US Secretary of Commerce Wilbur Ross on Wednesday said several US companies were desirous of enhancing their investments to Pakistan.

He made these remarks during his meeting with Adviser on Commerce Razak Dawood in Islamabad.

Wilbur Ross said, “We want to play our full part in the progress and development of Pakistan.”

He said Pakistan and the United States would have to collectively work to promote the volume of their bilateral trade.

Also Read: Foreign investors express interest in long term investment in Pakistan

In his remarks, the adviser on commerce said that the government was taking special steps to ensure ease of doing business.

Secretary Ross is visiting Pakistan to discuss further strengthening economic, trade and investment ties between the two countries in pursuance of the shared vision of Prime Minister Imran Khan and President Donald Trump.

The US Secretary of Commerce will later meet Adviser on Finance and Revenue and Minister for Energy. He will also call on Prime Minister Imran Khan.

Talking to a delegation of foreign investors which called on him in Islamabad, Prime Minister Imran Khan on Wednesday said after achieving economic stabilization, the government was now focusing on socio-economic growth.

The delegation was led by Matthew Vogel, Head of Strategist FIM Partners.

The prime minister said on the economic front, Pakistan had now been acknowledged by the international investment community as an attractive destination for business and long-term investment.

Tags: investmentsPakistanUS companiesWilbur Ross
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