US trade team visits FCCI, calls to enhance productive activities

A US business delegation visiting the Faisalabad Chamber of Commerce and Industry (FCCI) discussed investment and technology partnerships to raise production in Pakistan, Business Recorder reported. Delegation head Gregory John said American firms were considering opportunities in brickmaking, agriculture and other fields, including pilot projects, mechanization and automation. He also pointed to 700 agriculture-related inventions and technologies developed by AARI as potential candidates for commercial use.

FCCI President Arif Ehsan Malik said bilateral trade with the United States stood at USD11.5bn, with the balance in Pakistan’s favour, and argued that investment and technology transfer could expand trade. He highlighted upgrading brick production and adding value to agricultural output, while describing plans to shift Faisalabad’s power looms towards air-jet and water-jet systems. Malik also said US investors could establish a modern loom-manufacturing unit in the city.