The Pak Banker

US Consul General pledges support for Pakistani businessme­n

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US Consul General in Lahore Ms. Catherine Rodriguez has pledged to support Pakistani businessme­n's endeavors for enhancing Pakistan's exports to United States.

She was speaking at the Lahore Chamber of Commerce & Industry. LCCI President Irfan Iqbal Sheikh, Senior Vice President Ali Hussam Asghar, Vice President Mian Zahid Jawaid Ahmad, Senior Vice President of SAARC Chamber Iftikhar Ali Malik, former LCCI Presidents Bashir A. Bakhsh and Sohail Lashari spoke on the occasion. Former Vice President Faisal Iqbal Sheikh, Executive Committee Members Haji Asif Saher, Zeeshan Sohail Malik, Haris Attique,

Aqib Asif, Sheikh Sajjad Afzal, Ch. Nusrat Tahir, M. Khalid, Fiaz Haider, Amir Anwar and Rana Arshad were present on the occasion.

"Business is very near to my heart as I belong to a business family", the US Consul General said and added that US Consulate would extend every possible help for visa to Pakistani businessme­n who want to do business with United States. LCCI President Irfan Iqbal Sheikh suggested establishm­ent of an Export Processing Zone under the umbrella of the Lahore Chamber of Commerce & Industry and US Consulate in Lahore to give a quantum jump to Pakistan's exports to US.

The LCCI President also sought the support of US Consul General for establishm­ent of a state-of-the-art Certificat­ion Laboratory in Lahore for food, textile, rice, leather and other industries. He informed the US Consul General that a delegation of LCCI from I.T and Textile value added industries would visit United States very soon, headed by himself. The delegation would meet retailers and informatio­n technology related people to promote cooperatio­n in these particular sectors.

While answering a question from US Consul General Ms. Catherine Rodriguez, the LCCI President expressed optimism that Pakistan would get rid of its economic issues by June 2020 under the leadership of Prime Minister Imran Khan who is doing tireless efforts for economic revival of the country.

LCCI Senior Vice President Ali Hussam Asghar said that the Lahore Chamber would focus on exports during the ongoing year and US support in this regard is of utmost importance. He said that there are tremendous opportunit­ies for US companies to enter into joint ventures with Pakistani companies and incorporat­e cutting-edge US technologi­es into energy projects throughout Pakistan, particular­ly in Renewable Energy. There is also a tremendous opportunit­y for US companies to invest in the blossoming ECommerce Sector in Pakistan.

He also emphasized the need of direct market access for Pakistani exporters in United States. He said that textile is the largest export sector to US from Pakistan. "We have the potential to double or triple our export of this sector immediatel­y by just giving direct access to US retailers and by encouragin­g value addition", Ali Hussam Asghar said.

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