American Firms Call for Business-Friendly Policies in Pakistan
US companies, including Coca-Cola and IBM, urge Pakistan to adopt business-friendly policies. Commerce Minister Jam Kamal pledges support to improve the investment climate.
Meeting Overview
The American Business Council (ABC) has urged the Pakistani government to foster a more supportive business environment.
Delegation Details
A delegation of representatives from nine major US companies, including DuPont, PepsiCo, Coca-Cola, and IBM, met with Commerce Minister Jam Kamal to discuss key challenges affecting business operations in Pakistan.
Key Issues Raised
- High Taxes: A significant burden on businesses.
- Inflation: Impacting purchasing power and operational costs.
- Government Support: A call for more robust policies to facilitate investment and ease of doing business.
Economic Role of US Businesses
The delegation emphasized the vital role of US companies in Pakistan’s economy, particularly in job creation and investment across diverse sectors.
Government Assurance
Commerce Minister Kamal reassured the delegation that the government is committed to addressing these issues and creating a business-friendly environment for local and foreign investors alike.
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