WASHINGTON DC, July 22 (TNS): Talking to the representatives of the US multinational firms during a luncheon reception hosted in his honor by the Potomac Exchange, Washington DC, Pakistan’s Ambassador to US Aizaz Chaudhry has invited the US multinational firms to explore the countless investment opportunities in Pakistan,
He said: “Please take advantage of favorable investment climate in our country as tremendous economic turnaround has been witnessed by Pakistan in recent years. All the economic indicators are projecting upward trend in various sectors of the economy.”
Briefing the participants he added: “The security situation in Pakistan has improved considerably. As a result of Pakistan’s counter terrorism operations, without any discrimination, the terrorists are on the run and their infrastructure dismantled. The improved security situation is having a dynamic effect on our economy and Pakistan is attracting foreign investment from all over the world.”
He also narrated the salient features of China Pakistan Economic Corridor (CPEC) project and said, “CPEC would benefit not only Pakistan but the entire region. In an era of changing economic alignments, regional connectivity is the key to progress and prosperity.” He underscored the need for bringing the US travel advisory in consonance with the positive reality of today’s Pakistan.
Participants asked a number of questions focusing on different sectors of the Pakistan’s economy and the investment opportunities available to foreign investors.
Katherine Moss, president of the Potomac Exchange, thanked the Ambassador for his participation and stated that, “The business community is delighted to know about the improvement in the economic and security situation in Pakistan and the members are looking forward to benefiting from new investment opportunities in Pakistan.”
Potomac Exchange is a Washington, DC based business forum which facilitates meaningful dialogue between US businesses and foreign missions in the United States. Its members are some of the largest multinational companies of the US, including Aetna, 3M, Bank of America, BMW Group, Boston Scientific, Kodak, Fluour, General Mills, Google, Lockheed Martin, McGuire Woods, Oracle, Pernod Ricard USA, TE Connectivity, Coca Cola and Viacom. Senior executives from these companies attended the lunch.
