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BOI chief, US diplomat discuss ties, economic cooperation

Business Recorder • • 1 min read

BOI chief, US diplomat discuss ties, economic cooperation

Business Recorder reported that Qaiser Ahmed Sheikh, who serves as federal minister and heads the Board of Investment, held talks in Islamabad on Thursday with US Chargé d'Affaires Natalie Baker. The discussion ranged over Pakistan-US ties, trade and investment prospects, links between businesses and ways to deepen commercial engagement. The two parties saw considerable scope for expanding bilateral trade and investment.

Natalie Baker asked about the specific investment projects and sectors the Board is prioritising. Sheikh replied that Pakistan welcomes investment across all sectors, with particular interest in projects that create jobs, boost exports, bring in modern technology and add value to the economy. Both parties also acknowledged the lack of a bilateral investment treaty, while the US side is coordinating with the commerce ministry on tariff and trade matters.

Sheikh told Baker he will travel to New York next week to take part in the World Economic Forum's Sustainable Development Impact Meetings 2026, set for September 21 to 24, 2026. He also announced plans to host a dinner in her honour, recognising her diplomatic work and contribution to Pakistan-US relations.

At a glance

  • Qaiser Ahmed Sheikh met US Chargé d'Affaires Natalie Baker at the BOI on Thursday.
  • Both sides discussed bilateral trade in goods and services of about USD 11.5 billion in 2025.
  • The two sides noted that no bilateral investment treaty exists between Pakistan and the US.

Originally reported by Business Recorder

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