Islamabad (TDI): Chargé d’Affaires of the United States to Pakitan, Natalie Baker, said that investment by US businesses has a potential to play a pivotal role in Pakistan’s stability and growth.
She made these remarks during a webinar hosted by the Business Council for International Understanding (BCIU) exploring opportunities for American companies to invest and expand their operations in Pakistan.
The event brought together US and Pakistani business leaders and financial institutions to discuss Pakistan’s evolving business environment and economic reforms.
Chargé d’Affaires Baker noted Pakistan’s current government’s work on reforming the economy and creating an investor-friendly landscape, highlighting the country’s strategic advantages, including its large and growing consumer market, competitive labor costs, and strategic location.
“This is the fifth-largest country in the world, home to 250 million people, with 64 percent of the population under the age of 30. It’s one of the world’s largest and youngest consumer markets,” she said.
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“Pakistan’s GDP is about $412 billion, ranking 38th in the world, but Goldman Sachs projects it could reach $3.3 trillion by 2050, putting it among the top 10 to 15 economies globally,” she added.
Baker also highlighted key sectors offering opportunities for US investment, including critical minerals, information and communications technology, agriculture, energy, and infrastructure development.
She encouraged American businesses to engage with the US Foreign Commercial Service team at US Mission Pakistan and explore partnerships with Pakistani counterparts.
“Let’s use this moment to build profitable ventures for US companies and investors, contribute to economic prosperity for both our nations, and deepen bilateral ties,” Baker concluded.
Sohail Majeed
Sohail Majeed is a Special Correspondent at The Diplomatic Insight. He has twelve plus years of experience in journalism & reporting. He covers International Affairs, Diplomacy, UN, Sports, Climate Change, Economy, Technology, and Health.
