Pak-US Business Council greets Trump, urges him to help boost bilateral trade

Pak-US Business Council greets Trump, urges him to help boost bilateral trade

Pak-US Relations News

ISLAMABAD: Founder Chairman Pak-US Business Council and
Chairman United Business Group, Iftikhar Ali Malik Wednesday while
felicitating Donald Trump for his electoral victory, urged him to play a
|leading role in issues such as boosting the economy, solving climate change
and improving relations with the developing countries especially Pakistan (Pak-US relations).

“Pakistan business community has the pleasure of extending its warm
congratulations to Donald Trump on his election as president of the United
States of America and urge him to play a leading role in issues such as boosting
the economy, solving climate change and improving relations with the developing
countries especially Pakistan,” Malik said in a statement issued here Wednesday.

Furthermore, he also said that in this new era, we hope that newly elected president of USA
will acknowledge and appreciate Pakistan’s sincere efforts and colossal
sacrifices in the war against terrorism.

He also said that the United States was an important partner of Pakistan in all
areas especially in the spheres of economy, defence and counter-terrorism.

Moreover, he also said that Pakistan looked at its relations with the US ‘as a partnership’
which was in the interest of the two countries, the region and the world.

Donald Trump will understand the role of Muslims

He was also of the view that Donald Trump will understand the role of Muslims
shaping the modern America who were part of the US from its very beginning,
adding that Trump by giving Muslims the honour of serving America would
follow this American principle that a person did not have to be of a certain
religion or to have a particular ethnic background to be an American patriot.

Furthermore, he also said that the US must make clear its enduring commitment to Pakistan’s
stability and economic growth and this is only possible if America plays its
role to solve the issue of Kashmir and maintained that no durable progress is
possible until peace restored in South Asia.

He also said that the US and Pakistan should expand cooperation on the 2013
Joint Action Plan on Trade and Investment as the United States remains
Pakistan’s largest bilateral export market and a significant source of foreign
direct investment.

He also said the United States is Pakistan’s largest bilateral trading partner
as in 2015, the United States accounted for approximately 16 percent of
Pakistan’s exports, the second largest market behind the European Union,
and $1.20 billion of its imports.

Bilateral trade between the United States and Pakistan exceeded $5.1 billion
in FY 2015 while the US is also one of the top sources of foreign direct
investment to Pakistan, with $209 million in 2015.

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