Pakistan-U.S. Business Conference Held in Illinois

The 6th Pak-U.S. Business & Investment Opportunities Conference, jointly organized by the Consulate General of Pakistan in Chicago and the Rawalpindi Chamber of Commerce (RCCI), took place in Addison, Illinois on July 30, 2024. The event was attended by a large number of people, including members of the Pakistani-American business community, as well as importers of Pakistani products and investors. The delegation from Pakistan represented diverse sectors.
Addressing the audience, Consul General Tariq Karim welcomed the guests, stating that the participation of a large business delegation from Pakistan reflected a strong commitment to enhancing Pak-U.S. partnership and exploring new avenues for investment and collaboration. He highlighted Pakistan’s key advantages such as its geographic location, demographic dividend, market size, rich human and natural resources, growing tech ecosystem, and investor-friendly policies that make it an attractive business and investment destination. He stated that the government has been successfully working to address macroeconomic challenges by introducing various reforms. He mentioned that the establishment of SIFC was transforming the investment landscape of the country by providing a single window interface and speedy approvals.
The Consul General highlighted the significance and various dimensions of the Pak-U.S. relations, including growing trade and successful businesses of U.S. enterprises in Pakistan. He shared his key priorities and initiatives, noting the growing partnership with the U.S. Midwest region in trade, investment, and people-to-people contacts, highlighting the growth in Pakistani exports and investments from the Midwest region in sectors like IT, Mining & Minerals, healthcare, energy, and agriculture. He also mentioned the recent Joint-Venture Agreement between the Wisconsin-based MSCI and PMDC as a significant step in promoting Pakistan as an attractive investment destination. He encouraged businessmen and community members to promote business-to-business interactions between the two countries and to benefit from the investment opportunities offered by Pakistan in diverse sectors.
The senior leadership of the RCCI, including President RCCI Saqib Rafiq, Mr. Khurshid Barlas and Mr. Zahid Latif Khan, briefed about the investment opportunities in Pakistan and the Chamber’s efforts to enhance commercial ties with the U.S. in different sectors. The event featured an interactive panel discussion, a Q&A session, and concluded with productive business-to-business meetings.
 
Chicago, IL
July 30, 2024