Pakistan’s size, geographical importance, and abundant natural resources give it a strategic position to play greater role in the global market, Mission Director, USAID, Dr Andrew Sisson said on Friday.
Dr Andrew Sisson was speaking at the Public-Private Sector Consultative Round table Meeting on Trade, organised by the United States Agency for International Development’s Pakistan Trade Project with support of Ministry of Commerce.
Sisson said that the roundtable was organised with an aim to develop a platform to work together for helping Pakistan achieve the status of playing even greater role in the world market. “Several important trade initiatives are already underway, through USAID’s Trade Project, which is working to help modernize Pakistan’s trade environment, support a level playing filed for all industries and help businesses access export opportunities,” he added.
USAID was also helping to improve the effectiveness of the commercial officers program to promote and facilitate trade, develop an electronic trade portal as a valuable online tool for the government, Pakistani exporters and international buyers to access real time information.
He said the agency was also providing analytical assistance to identify opportunities for trade facilitation and support border post infrastructure development such as the high bridges for Chaman and Torkham.
Highlighting the importance of healthy investment climate, he said that conducive atmosphere could help spur prosperity through economic development besides starting and running a business, creating environment where complying with regulations brings more benefits than costs, spurning innovation, encouraging entrepreneurship and new ideas as more of the world’s markets are given the opportunity to enjoy Pakistani goods products.
He said that Public and Private collaborations were extremely powerful tool for development which have provided enduring solutions to some of greatest challenges in the past.
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