ISLAMABAD: Minister for Commerce Syed Naveed Qamar has said private sector and the business community had a key role in realizing the vision of enhanced trade ties between Pakistan and the United States. Interacting with the leadership of American Apparel and Footwear Association and representatives of Pak leading businesses at Embassy of Pakistan in Washington, he said Pakistan was keen to strengthen its economic ties with the United States, according to a Radio Pakistan’s report.
The Minister said that government was committed not only to provide all possible facilitation to the business community but also to put in place policies that could fulfil the requirements of business community and the global market. He said private sector should come up with innovative ideas and solutions to overcome existing challenges and secure greater market penetration. He said diversification of the products while ensuring quality, affordability and competitiveness would help getting better market share to Pakistani products.
The Minister also encouraged US entrepreneurs to actively participate in TEXPO exhibition to be held during end of May this year. The delegation included President and CEO American Apparel and Footwear Association Stephen Lamar, Senior Vice President (Policy) Nate Harmen, Vice President (Trade and Customs Policy) Beth Hughes, Director of Policy and Advocacy, Levi Strauss and Co Ms Hun Quach and CFO and COO, Royce Too LLC Greg Snipes.
Other participants included Shelley Rider (Interloop), Steve Pianowski (Nishat Chunian), Irfan Hassan (Al-Karam), Ahmed Fraz (Gul Ahmed), Mubasher Butt (Prgmea), Muneeb Tariq (PHMA) and Kamran Arshad (APTMA). Pakistan’s Ambassador to the United States Masood Khan also joined the meeting. The meeting discussed in detail matters relating to bilateral trade in cotton and textiles with a special focus on strengthening of Pak-US trade relations, institutionalization of mutual linkages, standardization, traceability and visibility of products and facilitation of the business community.