WORLD US commerce secretary eyes strengthening economic ties with Pakistan

WORLD

US commerce secretary eyes strengthening economic ties with Pakistan

Xinhua

17:33, February 27, 2020

ISLAMABAD, Feb. 27 (Xinhua) -- U.S. Commerce Secretary Wilbur Ross visited Pakistan on Wednesday to explore areas where both countries can renew their economic partnership and step up efforts to enhance economic, trade and investment ties, media and government officials said on Thursday.

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File photo: CGTN

During his visit, the U.S. official along with his trade delegation held detailed discussions with Pakistani Prime Minister Imran Khan, Federal Minister for Energy Omar Ayub Khan, and Abdul Razak Dawood, advisor to Pakistani prime minister on commerce, textile, industry and production, and investment.

Welcoming Ross to Islamabad, Khan said that his visit would help in realizing the shared vision of Pakistan-U.S. leadership to transform the bilateral relationship into a broad-based, multifaceted and economic-centered partnership.

The prime minister also underscored the need to "take full advantage of trade and investment opportunities" in Pakistan, stressing the importance of enhancing business-to-business cooperation between the two countries.

During his separate meeting with Dawood, the U.S. commerce secretary said several U.S. companies are desirous of enhancing their investments in Pakistan, adding that Pakistan and the United States will have to collectively work to promote the volume of their bilateral trade.

"We want to play our full part in the progress and development of Pakistan," Ross said.

His visit to Pakistan is in follow-up of the understanding between the prime minister and U.S. President Donald Trump on strengthening Pakistan-U.S. trade and investment ties, said a statement issued by the prime minister's office.

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