Islamabad (TDI): US Chargé d’Affaires Natalie Baker has described Pakistan as a promising hub for global investment, praising the government’s ongoing economic reforms and calling for deeper business ties between the two countries.
Speaking at a webinar organized by the Business Council for International Understanding (BCIU), Baker joined US and Pakistani business leaders as well as financial experts to discuss opportunities in Pakistan’s evolving economy.
She commended Prime Minister Shehbaz Sharif’s administration for measures aimed at stabilizing the economy and promoting a more investor-friendly environment, noting that US companies could play a significant role in Pakistan’s long-term development.
“Pakistan is the world’s fifth largest country with a population of 250 million, nearly two-thirds of whom are under 30,” Baker said.
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“This makes it one of the youngest and largest consumer markets globally. With a GDP of $412 billion today, projections from Goldman Sachs suggest Pakistan’s economy could expand to $3.3 trillion by 2050, putting it among the world’s top 10 to 15 economies.”
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Baker pointed to several sectors ripe for American investment, including critical minerals, ICT, agriculture, energy, and infrastructure. She also encouraged US businesses to work closely with the U.S. Foreign Commercial Service in Pakistan and explore joint ventures with local firms.
“Now is the time to turn opportunity into action, to create profitable ventures for US businesses, strengthen our economic partnership, and build shared prosperity,” she concluded.
