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WASHINGTON:
United States officials on Sunday assured Finance Minister Dr Abdul Hafeez Sheikh of Pakistan achieving greater trade access to European markets.
Sheikh met with the US Under secretary for Economic, Energy and Agricultural affairs and the annual International Monteray Fund (IMF)-World Bank (WB) gathering.
He also briefed German and British leaders about the governments focus on developmental projects and inducing economic stability in the country.
The German finance minister also offered his countrys support for Pakistans hydro power projects and small dams.
In another meeting, British officials praised Islamabads commitment to economic reforms.
Earlier, Sheikh met with his Chinese counterpart, who pledged to step up implementation of economic partnership agreements.
The finance minister is also scheduled to meet with his counterparts from Saudi Arabia, Afghanistan and Iran.
Finance minister seeks US investment in energy sector
Finance Minister Dr Abdul Hafeez Shaikh has sought the US private sectors investment in the energy sector to overcome electricity shortages.
Shaikh, who is in Washington to attend the International Monetary Fund and World Bank meetings, told members of the Pakistan-US Business Council on Friday that Islamabad has been carrying out economic reforms and remains committed to facilitating foreign investment.
Pakistan, he said, looks forward to investment for development of massive Thar coal reserves, completion of Diamer-Bhasha Dam and other hydro-electric projects as part of efforts to meet its expanding energy requirements, boost industrial growth and step up process of economic development.
In the field of agriculture, he said, Pakistan seeks to increase productivity while investment in infrastructure projects would help raise standards of living in the country. We expect good results from the interaction, Shaikh said after his discussions with representatives of major American companies at the US Chamber of Commerce.
The finance minister also hinted at discussions on new projects with the World Bank. Shaikh spoke about the governments efforts to contain inflation, boost revenues and achieve better growth, despite catastrophic floods last year. He was upbeat on the substantial growth in exports this year, reflecting a 26 per cent increase over last year.
Pakistans Ambassador to the United States Husain Haqqani drew attention of the forum to the importance of strengthening economic and trade ties between the two countries.
Pakistan-US Business Council Chairman Jay Collins said economic ties are a vital aspect of the strategic relationship between the two countries.
During his visit, the finance minister will also hold talks with US government officials from the department of state and treasury as well as USAID officials.
Dr Shaikh will also meet with his counterparts from China, Saudi Arabia, Germany, Afghanistan, Iran and Britains Minister of International Development.
US assures support for greater access to European markets – The Express Tribune
United States officials on Sunday assured Finance Minister Dr Abdul Hafeez Sheikh of Pakistan achieving greater trade access to European markets.
Sheikh met with the US Under secretary for Economic, Energy and Agricultural affairs and the annual International Monteray Fund (IMF)-World Bank (WB) gathering.
He also briefed German and British leaders about the governments focus on developmental projects and inducing economic stability in the country.
The German finance minister also offered his countrys support for Pakistans hydro power projects and small dams.
In another meeting, British officials praised Islamabads commitment to economic reforms.
Earlier, Sheikh met with his Chinese counterpart, who pledged to step up implementation of economic partnership agreements.
The finance minister is also scheduled to meet with his counterparts from Saudi Arabia, Afghanistan and Iran.
Finance minister seeks US investment in energy sector
Finance Minister Dr Abdul Hafeez Shaikh has sought the US private sectors investment in the energy sector to overcome electricity shortages.
Shaikh, who is in Washington to attend the International Monetary Fund and World Bank meetings, told members of the Pakistan-US Business Council on Friday that Islamabad has been carrying out economic reforms and remains committed to facilitating foreign investment.
Pakistan, he said, looks forward to investment for development of massive Thar coal reserves, completion of Diamer-Bhasha Dam and other hydro-electric projects as part of efforts to meet its expanding energy requirements, boost industrial growth and step up process of economic development.
In the field of agriculture, he said, Pakistan seeks to increase productivity while investment in infrastructure projects would help raise standards of living in the country. We expect good results from the interaction, Shaikh said after his discussions with representatives of major American companies at the US Chamber of Commerce.
The finance minister also hinted at discussions on new projects with the World Bank. Shaikh spoke about the governments efforts to contain inflation, boost revenues and achieve better growth, despite catastrophic floods last year. He was upbeat on the substantial growth in exports this year, reflecting a 26 per cent increase over last year.
Pakistans Ambassador to the United States Husain Haqqani drew attention of the forum to the importance of strengthening economic and trade ties between the two countries.
Pakistan-US Business Council Chairman Jay Collins said economic ties are a vital aspect of the strategic relationship between the two countries.
During his visit, the finance minister will also hold talks with US government officials from the department of state and treasury as well as USAID officials.
Dr Shaikh will also meet with his counterparts from China, Saudi Arabia, Germany, Afghanistan, Iran and Britains Minister of International Development.
US assures support for greater access to European markets – The Express Tribune
