Pak-US Business Council for Pak products’ direct access to US markets

LAHORE: The Pak-US Business Council on Tuesday urged the visiting US Senators to play their role for direct access of Pak products to US markets at zero duty for strengthening Pak economy that suffered a colossal loss since 9/11 incident.

Founder Chairman Pak-US Business Council and VP SAARC Chamber of Commerce and Industry, Pakistan chapter, Iftikhar Ali Malik said this while talking to APP here today.

The world acknowledged several times that Pakistan was the only country of the globe that suffered trillions of dollars’ losses since 9/11, he added.

He said that several thousands valiant troops of Pakistan armed forces laid down their lives in the war against terrorism  and more than 55,000 innocent people lost their lives in suicide attacks.

“At least the US President must announce free market access of Pakistan’s products to US as already promised by former US Secretary of State Hillary Clinton during her last visit  to Pakistan”.

Pakistan has sustained loss of at least $4 trillion including $ 200 billion to its economic sector in the aftermath  of September 11 attacks and turmoil in Afghanistan”, said Iftikhar Ali Malik.

He said, “The US should buy products from industrial zones  in Pakistan and strengthen the existing industrial zones with the provision of modern infrastructure.”

He said that there was a vast scope for US private investors  in every sectors, particularly in the agro power and IT sector, adding that the US Chamber of Commerce (USCC) can also play a pivotal role in promoting bilateral trade relations. “Pakistan is an emerging market rich in opportunities for American investment, while the US is already an important trading partner”, he said.

The business community believed that US President Barack Obama must provide direct regular market access rather than aid and grants, he added.

Source: APP