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Friday, January 31, 2025

Aurangzeb assures support for google investment in Pakistan

Washington (TDI): Federal Minister for Finance and Revenue Muhammad Aurangzeb has assured full support for google’s deepening investment in Pakistan.

The minister was discussing google related matters with Karan Bhatia, Vice President and Global Head of Government Affairs and Public Policy at Google, who called on the minister for finance and revenue in Washington.

Read More:US Indicts VISA of Debit Card Market Monopoly

Bhatia provided an overview of Google’s recent activities and engagements in Pakistan, along with their plans to deepen investments and make tangible economic contributions in the country.

He raised regulatory, legislative, connectivity, and financial concerns. The finance minister assured full support in this regard and for investment activities.

Meanwhile, the minister held a separate meeting with Andrew Torre, Regional President for VISA.

The minister appreciated Visa’s commitment to modernizing Pakistan’s payments ecosystem, including support for domestic payment players like 1Link.

He commended Visa’s efforts in promoting financial inclusion and supporting entrepreneurs in Pakistan.

Also Read:Visa, 1LINK Set to Transform Digital Payments in Pakistan

The Minister expressed satisfaction over Visa’s launch of the Financial Inclusion Card in partnership with Meezan Bank.

Both parties agreed on the importance of offering more routing choices for clients and ensuring a level playing field for domestic transaction processing.

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