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Friday July 6, 1:02 PM

Pakistan Keen to Provide More Access for Products in US Markets

ISLAMABAD, July 6 Asia Pulse - Pakistan has called for an early conclusion of the Bilateral Investment Treaty (BIT) and Free Trade Agreement (FTA) to provide greater market access for Pakistani products into US markets. Pakistan has also called for early adoption of legislation on the Reconstruction Opportunity Zones (ROZs) by the US Congress, as the zones will help generate considerable economic benefits in tribal areas.

Prime Minister Shaukat Aziz stated this while talking to a six member bipartisan US Congressional delegation led by Congresswoman Susan A Davis, which called on him at the PM's House on Wednesday. Other members of the delegation included Bill Shuster, Geoff Davis, Kirsten Gillibrand and Michele Bachmann, representing both the Republican and Democrat parties.

The prime minister appreciated the growing relationship between the two countries based on shared interests and emphasised the need to further expand bilateral ties in all spheres.

The prime minister emphasised in particular the need for developing greater economic and commercial relations with an early conclusion of BIT and FTA to provide greater market access for Pakistani products. Trade-not aid, he said, is Pakistan's preferred option.

Susan A Davis and other delegation members said Pakistan is a vital ally for the US and they were keen to further strengthen this relationship. Ms Davis and her colleagues assured the PM of continued US assistance and support to Pakistan in all fields.

(PPI)


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