Washington – American businessmen have said that Pakistan’s business climate is moving in the right direction but the pace of economic reforms should be accelerated.
They have expressed the commitment to push for improved economic engagement between the two countries aimed at resolving tensions and to achieve shared goals.
The commitments were made during meetings between FPCCI’s delegation led by its President Ghazanfar Bilour and US businessmen that included Esperranza G. Jelalian, President of US-Pakistan Business Council.
American businessmen feel that investment climate is better than other regional countries but there is a room for further improvement, they said, adding that we support a broad-based bilateral relationship with Pakistan that promotes trade and investment which can help rapid development.
The US investors said that continued implementation of sound policies and necessary structural and financial reforms will boost the confidence of investors and create jobs resulting in improved economic growth.
Many US companies want to operate in Pakistan to promote the bilateral economic and business relationship, they said.
Speaking at the occasion, Ghazanfar Bilour said that we are in process of promoting a competitive market by enhancing the investment climate and regulatory environment.