Shehbaz Sharif Urges US Business Investment in Pakistan

Prime Minister Shehbaz Sharif met with the Business Council for International Understanding and the US-Pakistan Business Council in New York to solicit investment from United States business leaders. He identified information technology, artificial intelligence, agriculture, mining, minerals, ports, and shipping as primary areas for growth.

Sharif detailed ongoing structural and policy reforms intended to reduce regulatory barriers, specifically citing changes at the Federal Board of Revenue to improve the ease of doing business. He also highlighted the privatization of Pakistan International Airlines and the planned privatization of power distribution companies as key economic shifts.

To support these efforts, the Pakistani government is prioritizing the digitization of the economy and expanding vocational training for youth. Sharif stated that facilitating business and investment and creating a conducive environment for the private sector was a responsibility of the government, while noting that regional peace and stability remain essential for attracting long-term private-sector investment.