Pakistan is inviting the U.S. multinational firms to explore D.C.investment opportunities in Pthe South Asian country that has shown remarkable economic resilience in recent years and offers a favorable business climate.
Speaking to the representatives of some big companies at a reception hosted in his honor by the Potomac Exchange, Washington DC, Ambassador Aizaz Ahmed Chaudhry briefed the participants about his country’s “tremendous economic turnaround.”
The Potomac Exchange is a Washington, DC based business forum which facilitates meaningful dialogue between U.S. 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.
In his remarks, Ambassador Chaudhry cited economic indicators as projecting upward trend in various sectors of the economy.
The diplomat told the business leaders about improved state of security in Pakistan
“As a result of Pakistan’s counterterrorism 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 said, according to the Pakistani embassy.
On the mega China Pakistan Economic Corridor project, Ambassador Chaudhry said the CPEC would benefit not only Pakistan but the entire region.
In an era of changing economic alignments, regional connectivity is the key to progress & prosperity, he added.
Ambassador Chaudhry underscored the need for bringing the US travel advisory in consonance with the positive reality of today’s Pakistan.
President of the Potomac Exchange, Mrs. Katherine Moss, thanked the Ambassador for his participation and stated that the business community was delighted to know about the improvements in Pakistan’s economy and security, and that the members looked forward to benefiting from new investment opportunities in Pakistan.
