Blome’s Karachi visit to further strengthen US Pak economic, trade ties
Channel: Mediatrack
Date: 15/08/2022

KARACHI: US Ambassador Donald Blome visited Karachi (August 10-12) to further strengthen the robust economic partnership and bilateral trade between Pakistan and the United States.

During his visit, Ambassador Blome met with the Federal Minister for Maritime Affairs, the Chief Ministers of Balochistan and Sindh, Karachi Administrator, the Commander of Pakistan Navy Pakistan Fleet (COMPAK), government officials, financial and business leaders, trade and energy executives, and other business and commercial representatives.

“I am glad to be back in Karachi, a financial and commercial hub with tremendous energy”, said Ambassador Blome.

“This year marks the 75th anniversary of US-Pakistan bilateral relations and I look forward to strengthening US-Pakistan partnership in trade, investment, clean energy, health, security, education, and other mutually beneficial priority areas”.

Ambassador Blome visited Port Qasim and met with Federal Minister for Maritime Affairs Faisal Subzwari. The ambassador expressed interest in how the United States can work with Pakistan to develop more linkages with US port and maritime institutions. During the meetings with Balochistan Chief Minister Abdul Quddus Bizenjo and Sindh Chief Minister Murad Ali Shah, Blome discussed political, economic, and security matters, as well as the ongoing relief efforts to address the tragic impact of the recent floods in both provinces.

In his meeting with Sindh Chief Minister Shah, Ambassador Blome announced the US is providing a new $ 1 million grant to build the resilience of agricultural communities in Sindh province and support Pakistan’s disaster management authorities in Sindh, Khyber Pakhtunkhwa and Gilgit Baltistan, to better respond to future disasters.

Ambassador Blome and Karachi Administrator Murtaza Wahab discussed the impact of flooding and other challenges in the city, as well as opportunities for growth including in Information Technology sector. During the meeting with COMPAK Vice Admiral Ovais Bilgrami, the US ambassador further discussed relief efforts in flood-stricken areas and affirmed the importance of the US-Pakistan military relationship and the desire to strengthen and expand our ongoing security cooperation.

Blome met with CEO of Cargill Pakistan Imran Nasrullah. The ambassador also visited Excelerate’s floating storage and regasification unit at Port Qasim to emphasize our mutual interest in seeing Engro and Excelerate’s LNG joint venture succeed in Pakistan. He met other US and Pakistani business leaders to show his commitment to promoting US business and investment in Pakistan through a wide range of effective services, products, and programmes.

The US government is dedicated to expanding the ties between the Pakistani and American people to promote a more stable, secure, and prosperous future for both our nations. Bilateral trade reached nearly $ 9 billion in 2021. The United States is Pakistan’s largest single country export market and one of the largest sources of foreign investment, with US direct investment growing by 50 percent in the past year. The US companies and their local affiliates are among Pakistan’s largest employers, with roughly 80 US companies directly employing more than 125,000 Pakistanis, and more than one million Pakistanis employed indirectly. In 2021, US firms invested up to $ 5.7 million in corporate social responsibility initiatives in Pakistan.

One of the highlights of Ambassador Blome’s time in Karachi was a visit to the Lincoln Corner Karachi at Liaquat Memorial Library where he inaugurated the StartUp Lab along with Minister of Sindh for Education, Culture, Tourism, Antiquities and Archives, Syed Sardar Ali Shah.

“The StartUp Lab is unique and a one-of-a-kind space in Pakistan where aspiring entrepreneurs with an idea for a startup business can turn ideas into reality using the latest technology and equipment for free”, noted Ambassador Blome.

“The people-to-people ties between the United States and Pakistan are among our greatest strengths. We are proud to partner with the Culture Department of Sindh to ensure young Pakistanis are prepared to face 21st century challenges”, said Ambassador Blome.

The Lincoln Corner Karachi is one of 18 in the US Mission to Pakistan’s network of American Spaces nationwide that offer free educational and cultural programmes, as well as technology and information resources, to young Pakistani leaders.

Ambassador Blome also visited Frere Hall in Karachi to appreciate its architecture and murals. There, he was given a tour by representatives of NGO Sindh Exploration and Adventure Society (SEAS), Dr Asma Ibrahim and Dr Kaleemullah Lashari. SEAS received in 2021 a grant from the US Ambassadors Fund for Cultural Preservation (AFCP) to renovate portions of Frere Hall. This AFCP project further demonstrates our respect for Pakistan’s rich cultural heritage.