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Farooq Mughal Visits Pakistan, Promotes US-Pakistan Trade Collaboration

Farooq Mughal Visits Pakistan, Promotes US-Pakistan Trade Collaboration

December 31, 2024
0

Mughal, who hails from Sindh, played a

pivotal role in passing a resolution

to establish Sindh and Georgia as twin cities

Staff Reporter

Karachi: Georgia Assembly member Farooq Mughal’s visit to Pakistan sparked significant discussions on enhancing business ties between the United States and Pakistan. The meeting, chaired by USA Business Council FPCCI Chairman Shaikh Imtiaz Hussain, was attended by key officials and business leaders who lauded Mughal’s contributions to the Pakistani economy and the overseas community.

Mughal, who hails from Sindh, played a pivotal role in passing a resolution to establish Sindh and Georgia as twin cities. Addressing the meeting, Shaikh Imtiaz Hussain emphasized the vital role of business communities in strengthening bilateral trade. He highlighted major sectors of collaboration, including textiles, IT, agriculture, and pharmaceuticals.

He stressed the importance of branding and adhering to international standards to boost the confidence of American consumers in Pakistani products. Trade exhibitions, business conferences, and agreements are creating opportunities for mutual growth, he added.

Focus on Education and New Opportunities
Mughal proposed the establishment of an Education City in Pakistan in partnership with US universities to provide affordable, high-quality education domestically. He also highlighted the demand for Pakistani products like marble, jewelry, carpets, furniture, sports goods, and pharmaceutical items in the US.

Senior Vice President FPCCI Saqib Fayyaz Magoon and Vice President Muhammad Aman Paracha also underscored the need for B2B meetings and inclusive trade delegations to the US. They reiterated their commitment to facilitating trade agreements that benefit all sectors.

Strengthening Economic Ties
Mughal noted that the US is Pakistan’s largest trading partner, importing cotton, rice, garments, and leather products, while exporting machinery, technology, chemicals, and food items to Pakistan. Efforts are underway to increase trade volumes, with several agreements in the pipeline.

Mughal also pledged to facilitate Pakistani businesses and encouraged the exploration of new products and markets to boost exports, paving the way for economic stability and stronger US-Pakistan relations.

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