SCCI, CG agree to further improve Pak-US bilateral economic ties

District

PESHAWAR:President of the Sarhad Chamber of Commerce and Industry (SCCI) Fuad Ishaq and Shante Moore, U.S Consul General in Peshawar on Monday agreed on further improving Pak-US bilateral trade and economic relations, besides development of young entrepreneurs, enhancing their abilities and promotion of exports.

Fuad Ishaq invited U.S. companies and investors to invest in potential sectors in Khyber Pakhtunkhwa through joint ventures to further cement mutual trade ties between the two friendly countries.

According to a press release issued here, a meeting was held between the U.S Consul General in Peshawar Mr Shante Moore and prominent members of the business community in residence of Mr Ammad Rasheed, Honorary Consul General, Republic of Tunisia, Peshawar, Dean – Honorary Counselor Corps Peshawar KP chapter and former senior vice president of the SCCI said in a press release issued here on Monday.

Mr Ayub Zakori, President of the Industrialists Association Peshawar, Nawabzada Fazal Karim Khan, Honorary Consul General of Japan in Peshawar, representatives and members of the business community were present during the meeting.

Shante Moore on the occasion said they have committed to enhance bilateral U.S-Pak trade relations.

He said close liaison has been established with the business community to resolve issues with mutual consultation.

The US diplomat assured that further steps would be taken to improve the bilateral trade and economic ties between the two friendly countries.

Fuad Ishaq in his remarks said prospects are brighter to further strengthen Pak-US bilateral trade and economic relations.

During the meeting, the SCCI chief and U.S. Consul General in Peshawar reviewed the enlargement of trade in KP, the development and progress of the Chamber of Commerce and Industry, enhancement of locally manufactured products export.

The meeting also exchanged views regarding framing strategy for the promotion of young entrepreneurs and the provision of loans on low markup rates. On the occasion, it was agreed that meetings between SCCI chief Fuad Ishaq and the U.S. Consul General in Peshawar and his teams would be held on the afore-stated theme.