Washington (TDI): The Chief Executive Officer of the United States International Development Finance Corporation (DFC), Benjamin Black, called on the Pakistani Prime Minister, as economic cooperation between Pakistan and the US has picked momentum.
Black was accompanied by Conor Coleman, DFC’s Head of Investments, along with senior leadership from the agency. The meeting focused on expanding investment collaboration and leveraging private-sector partnerships to drive sustainable growth.
The Prime Minister welcomed the deepening economic partnership between the two countries and acknowledged DFC’s pivotal role in catalyzing joint ventures between Pakistani and American enterprises.
He emphasized that such business-to-business engagements are vital for job creation, productivity gains, and long-term economic resilience.
Highlighting Pakistan’s rapidly improving macroeconomic indicators, the government’s commitment to structural reforms, and what he described as an increasingly attractive investment climate, the Prime Minister invited DFC to scale up financing in key priority sectors.
These include energy, mines and minerals, agriculture, and information technology; areas identified as central to Pakistan’s economic transformation strategy.
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The Prime Minister noted that DFC’s current portfolio in Pakistan exceeds $1 billion, underscoring the strong foundation already in place.
He pointed to growing synergies between the economic priorities of both countries, describing them as a source of mutually rewarding opportunities for expanded commercial engagement.
In a move aimed at strengthening cooperation in the extractives sector, the Prime Minister invited DFC to participate in the upcoming Minerals Conference scheduled to take place in Islamabad in April. The event is expected to showcase Pakistan’s mineral potential and attract foreign investors.
During the meeting, Black briefed the Prime Minister on DFC’s strategic initiatives, operational priorities, and project pipeline in Pakistan. He expressed interest in enhancing the agency’s footprint in the country, signaling a willingness to explore new avenues of collaboration.
Black also highlighted that DFC is well positioned to expand its development financing activities, particularly in light of its recent reauthorization, which reinforces its mandate to support economic growth in partner countries.
The Prime Minister extended an invitation to Black to visit Pakistan at his earliest convenience to further explore investment opportunities across sectors of shared interest.
