Pak-US Business Council Founder Chairman Iftikhar Ali Malik on Saturday said that 15 high-level US trade delegations will visit Pakistan this year to enhance trade besides exploring investment avenues in various sectors. Malik disclosed this while talking to a 10-members delegation of leading exporters from Faisalabad.

Pakistan is keen to further expand economic ties with the United States and to explore full economic potential of bilateral relations through joint ventures. He said the business community in Pakistan is ready to welcome US trade delegations to Pakistan. He urged the US investors to explore Pakistan as an investment destination as reputable international firms and investors, from Europe and Asia, are investing in Pakistan.

He further said there is dire need of high-level bilateral discussions of working groups on agriculture, economics and finance, energy, market access, and science and technology.

He also underscored the opportunities available for industrial development in the special economic zones under the China-Pak Economic Corridor (CPEC), including the relocation of industries from abroad to benefit from low wages of the skilled workers in Pakistan.

He said CPEC has created plenty of opportunities for joint ventures and investment in Pakistan and it was the right time for US investors to visit Pakistan and grab these opportunities for developing sustainable business partnerships with Pakistani counterparts.

He urged the local traders and investors to chalk out plans to take American investors to special economic zones. He said the American energy producers are seeing more and more business opportunities with Pakistan.