CENTCOM
PROFESSIONAL
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- Apr 30, 2010
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It’s a true testament to the significance of U.S. - PAK relations when you look back at how we have faced tough challenging periods in our bilateral relations, and successfully overcome them.
The much-looked-forward-to meeting between Prime Minister Nawaz Sharif and President Obama ended on a positive note of strengthening bilateral ties even further. The meeting covered a myriad of topics of mutual interest relating to: energy, health, security trade, investment, business, and education. For the purpose of keeping this thread short, I will focus on energy, trade, and investment.
On trade and Investment: Frequently we receive comments from members of this forum about what the U.S. is doing to aid in trade and investment; below are some facts and highlights from the meetings:
· U.S. – PAK will expand the 2013 Joint Action Plan on Trade and Investment.
· U.S. is the largest bilateral export market and significant source of foreign direct investment for Pakistan.
· OPIC has facilitated 800 million in financing and insurance for projects in Pakistan.
· Trade and investment assistance is provided under TIFA agreement.
· To facilitate regional trade, U.S. funded construction of 1000Km of major roads.
· U.S. has contributed $15 million to development of CASA-1000 electricity transmission and Trade Project.
· $60 million in financing for private businesses under the U.S.-PAK Partnership for Access to Credit and additional $150 million under Pakistan Private Investment Initiative.
On Energy: In 5 years, the new U.S.-Pakistan Clean Energy Partnership (USCEP) will aid in adding 3,000 MW of clean power generation infrastructure to Pakistan’s national electricity. Since 2009, USG has helped add approximately 1,700 megawatts (MW) of electricity to Pakistan’s grid system, benefitting nearly 19 million Pakistanis.
Haroon Ahmad
DET – U.S. Central Command
www.facebook.com/centcomurdu
The much-looked-forward-to meeting between Prime Minister Nawaz Sharif and President Obama ended on a positive note of strengthening bilateral ties even further. The meeting covered a myriad of topics of mutual interest relating to: energy, health, security trade, investment, business, and education. For the purpose of keeping this thread short, I will focus on energy, trade, and investment.
On trade and Investment: Frequently we receive comments from members of this forum about what the U.S. is doing to aid in trade and investment; below are some facts and highlights from the meetings:
· U.S. – PAK will expand the 2013 Joint Action Plan on Trade and Investment.
· U.S. is the largest bilateral export market and significant source of foreign direct investment for Pakistan.
· OPIC has facilitated 800 million in financing and insurance for projects in Pakistan.
· Trade and investment assistance is provided under TIFA agreement.
· To facilitate regional trade, U.S. funded construction of 1000Km of major roads.
· U.S. has contributed $15 million to development of CASA-1000 electricity transmission and Trade Project.
· $60 million in financing for private businesses under the U.S.-PAK Partnership for Access to Credit and additional $150 million under Pakistan Private Investment Initiative.
On Energy: In 5 years, the new U.S.-Pakistan Clean Energy Partnership (USCEP) will aid in adding 3,000 MW of clean power generation infrastructure to Pakistan’s national electricity. Since 2009, USG has helped add approximately 1,700 megawatts (MW) of electricity to Pakistan’s grid system, benefitting nearly 19 million Pakistanis.
Haroon Ahmad
DET – U.S. Central Command
www.facebook.com/centcomurdu
