BOI chief, US diplomat discuss ties, economic cooperation

ISLAMABAD: Federal Minister and Chairman for the Board of Investment Qaiser Ahmed Sheikh held a meeting with US Chargé d’Affaires Natalie Baker at the Board of Investment here on Thursday to discuss Pakistan-US bilateral relations, economic cooperation, trade and investment opportunities, business-to-business linkages and avenues for further strengthening commercial engagement between the two countries.

The two sides discussed the considerable potential for increased bilateral trade and investment. Total US–Pakistan trade in goods and services was estimated at approximately USD 11.5 billion in 2025, reflecting the substantial economic relationship between the two countries.

During the discussion, Natalie Baker inquired about specific investment projects and sectors being prioritized by the Board of Investment. The federal minister said Pakistan welcomed investment across sectors and that the government was particularly interested in projects capable of generating employment, strengthening exports, introducing modern technology and contributing to value-added economic activity.

The two sides also discussed the absence of a bilateral investment treaty between Pakistan and the United States. Natalie Baker noted that the US side was working with the Ministry of Commerce on trade and tariff-related arrangements. Both sides emphasized the importance of strengthening economic engagement and creating greater opportunities for business-to-business cooperation.

Qaiser Ahmed Sheikh informed Natalie Baker about his upcoming visit to New York next week to participate in the World Economic Forum’s Sustainable Development Impact Meetings 2026 (SDIM26), being held from September 21–24, 2026.

Qaiser Ahmed Sheikh announced his intention to host a grand dinner in honour of Natalie Baker in recognition of her diplomatic services, performance and contribution towards strengthening Pakistan–US relations.

Copyright Business Recorder, 2026