RCCI and PABF Host 5th Pak-America Business Summit to Boost Bilateral Investment
Rawalpindi: The Rawalpindi Chamber of Commerce and Industry (RCCI) and the Pak America Business Forum (PABF) jointly organized the 5th Pak-America Business Summit at a local hotel in Islamabad, drawing attention to the vast potential for enhanced bilateral trade and investment between Pakistan and the United States. The event brought together prominent business leaders, government officials, and diplomats to discuss opportunities and address challenges in fostering stronger economic ties.
U.S. Chargé d’Affaires Natalie Baker reiterated the United States’ role as Pakistan’s largest export market, accounting for 16% of Pakistan’s annual exports. She emphasized the contributions of over 80 U.S. companies operating in Pakistan, which directly employ 120,000 Pakistanis and support over a million indirectly. Baker reaffirmed her commitment to deepening trade and economic collaboration between the two nations.
RCCI President Usman Shaukat, in his keynote address, emphasized the importance of the summit as a platform for exchanging views and identifying hurdles in trade relations between the two nations. He highlighted the need for cohesive strategies to promote U.S. private sector interests in Pakistan while ensuring sector-specific information sharing and collaboration with key organizations.
PABF leaders Waqar Khan and Anwar Azam underscored the forum’s mission to create new opportunities for Pakistani businesses in the U.S. market. Coordinator on Climate Change Romina Khurshid Alam, the event’s chief guest, described Pakistan and the United States as “best friends and trading partners,” advocating for continued cooperation in environmental and business initiatives.
The summit concluded on a positive note, with senior RCCI leadership, women entrepreneurs, and representatives from the Trade Development Authority of Pakistan (TDAP) pledging to strengthen bilateral trade relations. The event provided a dynamic platform for exploring new opportunities, facilitating business delegation exchanges, and unlocking Pakistan’s export potential to the United States, paving the way for stronger economic ties.
