Economic and Commercial Officer of US Embassy to Pakistan, Megan Selmon said that adequate efforts were being made for to further accelerate pace of trade activities with Pakistan. Pakistan is an important country of the region and playing an instrumental role for peace and in weeding out terrorism she said.
Addressing the members of Sialkot Chamber of Commerce and Industry (SCCI) here on Thursday she said that under "Bilateral Investment Treaty" (BIT) both Pakistan and US could expand and enhance trade activities and under this programme more American investment would come to Pakistan.
The dialogues on energy, science and technology and education between the two countries were underway resultantly Pakistan will be benefited she added.
Megan Selmon said that aim of visit to this export-oriented city of Pakistan was to promote commercial and economic relations between Pakistan and US.
The Sialkot Chamber of Commerce and industry (SCCI) is most entrepreneurial chamber of Pakistan and render laudable services for the promotion and strengthening the relations with America she said.
President Bush had announced a five-year assistance programme for Pakistan for economic and military relations and under the programme US 300 million dollars economic aid would be provided in next five year Megan Selmon revealed.
The US Economic and Commercial Officer said that under reconstruction opportunities, US would extend all possible co-operation and assistance for the development and promotion of industrial sector in less developed areas like Balochistan, NWFP and Azad Kashmir areas.
President Sialkot Chamber of Commerce and Industry (SCCI) Faisal Mahmood Khan said on the occasion that exchange of trade delegations on regular basis, participation in trade fairs and exhibition in both countries including single country exhibition and regular exchange of information on foreign trade regime and other publications through the respective trade offices and other relevant organisations would be supportive for the improvement of trade between the two countries.
Faisal Khan on this occasion called upon the US investors to come forward and invest in Sialkot Export Processing Zone (SEPZ), which is second biggest zone of Pakistan.
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