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Pak-US relations set on boosting economy, trade: Masood Khan

by News Desk
January 19, 2024
in Pakistan
Pak-US relations
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WASHINGTON: According to Ambassador Masood Khan, Pakistan-US relations are improving in both security and non-security domains, with an emphasis on trade and investment cooperation that highlights the value of the Special Investment Facilitation Council’s (SIFC) recently formed platform.

“We have to work as a team. The Pakistani envoy addressed a sizable crowd at the esteemed University Club in Washington, D.C., saying, “We must continue to talk to each other and resolve issues that would hinder peace and security in the region, but, more importantly, we must develop people-to-people contacts and increase economic cooperation.”

Ambassador Masood Khan had been invited by the club’s International Committee to talk on a variety of topics.

Think-tank members, businesspeople, entrepreneurs, opinion leaders, and media representatives made up the audience.

The ambassador emphasized the significance of connections between Pakistan and the United States by pointing to the 80 US firms that are present in the nation. He claimed that the US has a competitive edge due to its companies’ decades-long presence in Pakistan and their established investment infrastructure there.

He described the recently renewed Pakistan-U.S. Science and Technology Cooperation Agreement as transformative in the fields of education and technology, and emphasized that its potential should be fully leveraged for research and development, higher education, and technical collaboration.

Also rea: Pak Army among most powerful forces in the world: new list reveals

Using the Special Investment Facilitation Council (SIFC), Masood Khan highlighted the enormous potential for investors to invest in Pakistan by highlighting the industries of agriculture, energy, IT, and mineral exploitation.

 Additionally, we must work together in the fields of artificial intelligence (AI), healthcare, education, and renewable energy. The United States, in particular IT entrepreneurs and big capitalists, are heavily investing in Pakistan, and the IT sector is transforming Pakistan,” he emphasized.

Ambassador Masood Khan also discussed the relationship between Pakistan and India and the value of communication in resolving long-standing conflicts, such as the Jammu and Kashmir dispute in line with UN Security Council resolutions.

Tags: Ambassador Masood Khanartificial intelligence (AI)businesspeopleclub's International CommitteeD.C.EducationElection 2024entrepreneurshealthcareIMRAN KHANISLAMABADNawaz Sharifopinion leadersPak-USPAKISTANPakistan-U.S. Science and Technology Cooperation AgreementPakistan-US relationspublic purveiwSpecial Investment Facilitation Council (SIFC)Special Investment Facilitation Council's (SIFC)Think-tank membersUN Security CouncilUniversity Club in Washington
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