BAFL 53.19 Increased By ▲ 3.16 (6.32%)
BIPL 22.90 Increased By ▲ 0.49 (2.19%)
BOP 5.67 Increased By ▲ 0.25 (4.61%)
CNERGY 5.12 Increased By ▲ 0.07 (1.39%)
DFML 19.35 Increased By ▲ 0.17 (0.89%)
DGKC 80.54 Increased By ▲ 0.39 (0.49%)
FABL 33.11 Increased By ▲ 0.26 (0.79%)
FCCL 20.25 No Change ▼ 0.00 (0%)
FFL 10.48 Increased By ▲ 0.83 (8.6%)
GGL 13.61 Increased By ▲ 0.01 (0.07%)
HBL 129.52 Increased By ▲ 8.18 (6.74%)
HUBC 123.38 Increased By ▲ 0.88 (0.72%)
HUMNL 8.04 Increased By ▲ 0.04 (0.5%)
KEL 4.43 Increased By ▲ 0.46 (11.59%)
LOTCHEM 28.01 Decreased By ▼ -0.07 (-0.25%)
MLCF 42.71 Increased By ▲ 0.51 (1.21%)
OGDC 125.38 Increased By ▲ 4.05 (3.34%)
PAEL 21.33 Increased By ▲ 1.10 (5.44%)
PIBTL 6.11 Increased By ▲ 0.31 (5.34%)
PIOC 118.47 Increased By ▲ 2.57 (2.22%)
PPL 113.85 Increased By ▲ 3.10 (2.8%)
PRL 31.80 Increased By ▲ 2.22 (7.51%)
SILK 1.10 Increased By ▲ 0.02 (1.85%)
SNGP 69.44 Increased By ▲ 0.41 (0.59%)
SSGC 13.76 Increased By ▲ 0.06 (0.44%)
TELE 9.16 Increased By ▲ 0.41 (4.69%)
TPLP 14.79 Increased By ▲ 0.12 (0.82%)
TRG 92.45 Increased By ▲ 1.15 (1.26%)
UNITY 27.47 Increased By ▲ 0.22 (0.81%)
WTL 1.67 Increased By ▲ 0.04 (2.45%)
BR100 6,815 Increased By 167.1 (2.51%)
BR30 24,245 Increased By 677 (2.87%)
KSE100 66,224 Increased By 1505.6 (2.33%)
KSE30 22,123 Increased By 529.1 (2.45%)

KARACHI: US Ambassador Donald Blome visited Karachi (August 10-12) to further strengthen the robust economic partnership and bilateral trade between Pakistan and the United States.

During his visit, Ambassador Blome met with the Federal Minister for Maritime Affairs, the Chief Ministers of Balochistan and Sindh, Karachi Administrator, the Commander of Pakistan Navy Pakistan Fleet (COMPAK), government officials, financial and business leaders, trade and energy executives, and other business and commercial representatives.

“I am glad to be back in Karachi, a financial and commercial hub with tremendous energy”, said Ambassador Blome.

“This year marks the 75th anniversary of US-Pakistan bilateral relations and I look forward to strengthening US-Pakistan partnership in trade, investment, clean energy, health, security, education, and other mutually beneficial priority areas”.

Ambassador Blome visited Port Qasim and met with Federal Minister for Maritime Affairs Faisal Subzwari. The ambassador expressed interest in how the United States can work with Pakistan to develop more linkages with US port and maritime institutions. During the meetings with Balochistan Chief Minister Abdul Quddus Bizenjo and Sindh Chief Minister Murad Ali Shah, Blome discussed political, economic, and security matters, as well as the ongoing relief efforts to address the tragic impact of the recent floods in both provinces.

In his meeting with Sindh Chief Minister Shah, Ambassador Blome announced the US is providing a new $ 1 million grant to build the resilience of agricultural communities in Sindh province and support Pakistan’s disaster management authorities in Sindh, Khyber Pakhtunkhwa and Gilgit Baltistan, to better respond to future disasters.

Ambassador Blome and Karachi Administrator Murtaza Wahab discussed the impact of flooding and other challenges in the city, as well as opportunities for growth including in Information Technology sector. During the meeting with COMPAK Vice Admiral Ovais Bilgrami, the US ambassador further discussed relief efforts in flood-stricken areas and affirmed the importance of the US-Pakistan military relationship and the desire to strengthen and expand our ongoing security cooperation.

Blome met with CEO of Cargill Pakistan Imran Nasrullah. The ambassador also visited Excelerate’s floating storage and regasification unit at Port Qasim to emphasize our mutual interest in seeing Engro and Excelerate’s LNG joint venture succeed in Pakistan. He met other US and Pakistani business leaders to show his commitment to promoting US business and investment in Pakistan through a wide range of effective services, products, and programmes.

The US government is dedicated to expanding the ties between the Pakistani and American people to promote a more stable, secure, and prosperous future for both our nations. Bilateral trade reached nearly $ 9 billion in 2021. The United States is Pakistan’s largest single country export market and one of the largest sources of foreign investment, with US direct investment growing by 50 percent in the past year. The US companies and their local affiliates are among Pakistan’s largest employers, with roughly 80 US companies directly employing more than 125,000 Pakistanis, and more than one million Pakistanis employed indirectly. In 2021, US firms invested up to $ 5.7 million in corporate social responsibility initiatives in Pakistan.

One of the highlights of Ambassador Blome’s time in Karachi was a visit to the Lincoln Corner Karachi at Liaquat Memorial Library where he inaugurated the StartUp Lab along with Minister of Sindh for Education, Culture, Tourism, Antiquities and Archives, Syed Sardar Ali Shah.

“The StartUp Lab is unique and a one-of-a-kind space in Pakistan where aspiring entrepreneurs with an idea for a startup business can turn ideas into reality using the latest technology and equipment for free”, noted Ambassador Blome.

“The people-to-people ties between the United States and Pakistan are among our greatest strengths. We are proud to partner with the Culture Department of Sindh to ensure young Pakistanis are prepared to face 21st century challenges”, said Ambassador Blome.

The Lincoln Corner Karachi is one of 18 in the US Mission to Pakistan’s network of American Spaces nationwide that offer free educational and cultural programmes, as well as technology and information resources, to young Pakistani leaders.

Ambassador Blome also visited Frere Hall in Karachi to appreciate its architecture and murals. There, he was given a tour by representatives of NGO Sindh Exploration and Adventure Society (SEAS), Dr Asma Ibrahim and Dr Kaleemullah Lashari. SEAS received in 2021 a grant from the US Ambassadors Fund for Cultural Preservation (AFCP) to renovate portions of Frere Hall. This AFCP project further demonstrates our respect for Pakistan’s rich cultural heritage.

In celebration of Pakistan’s National Minority Day, the ambassador was honored to meet religious minority community leaders in Karachi to promote interfaith cooperation, religious tolerance, and diversity.

He also visited the mausoleum of the Founder of Pakistan Quaid-e-Azam Muhammad Ali Jinnah and laid a wreath in honor of the founding father of Pakistan, ahead of Pakistan’s 75th Independence Day.

“It is a great honor to be here at the Mazar-e-Quaid to pay my respects and commemorate the legacy of Muhammad Ali Jinnah. The United States shares Quaid-e-Azam’s vision of a unified Pakistan, at peace with itself and its neighbors, a Pakistan of religious tolerance, economic prosperity, and social inclusion”, said Ambassador Blome.

Copyright Business Recorder, 2022


Comments are closed.

Blome’s Karachi visit to further strengthen US-Pak economic, trade ties

Govt seeks to cure Sino-Pak trade imbalance

Independent directors’ selection: SECP directs cos to exercise due diligence

700.7MW hydel power project: Chinese co urges PPIB to grant extension in financial close

Yemen rebels threaten Israel-bound Red Sea ships

SIFC panel for single authority to manage all SEZs

IMF scheduled to consider first review of $3bn SBA on Jan 11

North Korea condemns US veto of Gaza ceasefire call at UN

Police force needs to improve its image: PM

China, Saudi to expand trade and investment cooperation

Gaza ceasefire: UN’s failure to adopt resolution disappoints Pakistan