The United States is the largest and most open economy to trade and investment in the world and Pakistani businessmen can export more than 3,500 items to the country without paying any duties, a US diplomat said on Friday.
James Fluker, Commercial Counselor at the US Embassy, said this at a session at the KP Chamber of Commerce and Industry to help local businesses understand how to be competitive in US markets.
“The US government allows Pakistani businesses to export more than 3,500 items, including jewelry, most manufactured items, and many types of carpets, agricultural products, minerals, and marble without paying any duties on them. It is clear to us that trade, investment, and private sector growth are key to the future of the US-Pakistan relationship,” he said.
The US Commercial Service is the trade promotion office of the US government. It connects US exporters with international buyers through a network of 100 offices in the United States, and in over 70 cities around the world, including offices in Islamabad, Karachi and Lahore.
It also helps Pakistani buyers locate US products, services, and business partners; meet suppliers and partners face-to-face; and participate in trade shows that feature thousands of US companies.
“We are grateful to the US government for their financial and technical support in numerous development plans,” said Chamber President Dr Yuosaf Sarwar.
“American support will play a vital role in reviving the business activities in the province and bringing economic prosperity to Khyber Pakhtunkhwa,” he added.
It is clear to us that trade, investment, and private sector growth are key to the future of the US-Pakistan relationship.