United States Consul General and Vice President Exim Bank visits Punjab Board of Investment and Trade

Lahore, May 27, 2015 (PPI-OT): Four members delegation from US including President, Global Business Development EXIM Bank), Mr. Raymond J Ellis Vice accompanied by US Consul General, Mr. Zachary V Harkenrider, Commercial Counsellor, Ms. Cheryl J Dukelow and Senior Commercial Specialist Mr. Aftab Qamar visited Punjab Board of Investment and Trade (PBIT) on May 27, 2015.

Chairman PBIT, Mr. Abdul Basit, Director General PBIT, Ms. Lubna Pathan, Head of Turkey Cell, PBIT, Mr. Haroon Shaukat and Director Agriculture, Livestock and Dairy Development, Dr. Suhail Saleem attended the meeting. Representatives from government of Punjab Departments like Health, City District Office, Agriculture, Finance and PND were also present.

The agenda of the visiting delegation was enhancement of the US export all over the world. As the Export-Import Bank of the United States (EXIM) is the official export credit agency of the United States. EXIM is an independent, self-sustaining Executive Branch agency with a mission of supporting American jobs by facilitating the export of U.S. goods and services.

Mr. Ellis gave a detailed presentation to the participants on “Reducing Risk – Unleashing Opportunity”. In which he explained that how EXIM fills the gap for businesses by equipping them with the financing tools necessary to compete for global sales, when private sector lenders are unable or unwilling to provide financing.

US Consul General also appreciated Punjab Government’s initiatives regarding investment friendly environment. Moreover he wanted to establish sound bi-lateral long-term relationships with Pakistan. He added that the Punjab government should identify those companies which are interested in investing in IT and other sectors. He also informed that US investors have shown keen interest to invest in Pakistan Power Projects, Gas and biomass projects.

Chairman PBIT acknowledged the delegation for such gracious investment initiatives in Pakistan. He further added that import of seeds and fertilizer material from US would increase the productivity. The meeting ended with a vote of thanks and exchange of souvenir.

For more information, contact:
Punjab Board of Investment and Trade (PBIT)
23-Aikman Road, GOR-I, Lahore
Tel: +92-42-99205201-06
Fax: +92-42-99205171
Email: info@pbit.gop.pk
Website: www.pbit.gop.pk