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    US–Pakistan Business Alliance launched to strengthen economic and investment ties

    Latest January 8, 20263 Views
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    Federal Minister for Board of Investment, Qaiser Ahmed Sheikh, inaugurated the US–Pakistan Business Alliance (USPBA) Pakistan Chapter in Islamabad on Wednesday, highlighting the vast untapped opportunities for U.S. investment, particularly in sectors such as minerals and mining, rare earth metals, technology, energy, and industrial development.

    The event was attended by prominent figures, including President FPCCI Atif Ikram Sheikh, Haroon Akhtar Khan from SPMA, U.S. Embassy diplomats, and key business leaders.

    In his address, Sheikh emphasized Pakistan’s strategic geo-economic location, describing it as a natural bridge connecting South Asia, Central Asia, the Middle East, and China. He pointed out the strengthening of trade relations between Pakistan and the U.S., noting that economic ties have gained momentum during the tenure of President Donald Trump. He also expressed confidence in Pakistan’s stock market performance, citing rising investor confidence and improved economic fundamentals.

    The minister outlined the role of the Business Facilitation Center established by the Board of Investment (BOI), which offers a one-window solution to streamline investment procedures and enhance the ease of doing business. He also highlighted ongoing regulatory reforms, including the Asaan Karobar Act, aimed at further improving the business environment for both local and foreign investors.

    Additionally, Sheikh announced that the USPBA would be formally registered with the BOI to ensure proper institutional coordination. He welcomed visiting Yale University students and alumni to Pakistan, calling their visit a positive step for future academic, trade, and business linkages between the two countries.

    The minister concluded by reaffirming the Board of Investment’s commitment to promoting investment and facilitating investors in Pakistan, wishing the USPBA success in its endeavors.

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