ISLAMABAD: US businessman and Texas hedge fund manager Gentry Beach, believed to be close to American President Donald Trump, referred to Pakistan as Washington’s “front face” in the region on Wednesday, saying the future was bright for bilateral ties and economic cooperation between the two countries.
Ties between Pakistan and US, once close allies during the Cold War era and after the September 11, 2001 attacks, remained strained during former president Joe Biden’s presidency. Ties recently suffered after US officials criticized Pakistan for not sufficiently supporting their military efforts against the Taliban following the 9/11 attacks. Islamabad denies sheltering Taliban fighters and helping them regain control of Afghanistan in August 2021.
During Biden’s presidency, Washington also grew close to Islamabad’s arch-rival New Delhi in its bid to counter China’s growing influence in Asia. India is an important member of the “Quad,” a diplomatic partnership between Australia, India, Japan, and the US which experts widely believe aims to counter China.
Beach arrived in Islamabad on Tuesday leading a high-level delegation of American investors for a two-day visit to the country. Speaking to reporters, the American businessman criticized the manner Biden pulled American troops out of Pakistan, urging Islamabad to “disregard” the way the previous American administration treated it.
“America cares about Pakistan. And I believe that together we can be very, very strong,” Beach said. “And we need Pakistan. You are our front face in this entire region, very important.”
The American investor said he believed the administrations in both Pakistan and the US would work together to make “a good business environment” between the two countries.
“And Pakistan has something that America needs, and America has something that Pakistan needs,” Beach said. “That’s a wonderful situation for us to both be in.”
Beach said his delegation was interested in investing in Pakistan’s real estate, energy and minerals sectors. He cited Pakistan’s large reserves of gold, platinum and other precious metals. Pakistani officials estimate $6 trillion worth of natural deposits in the country.
He also said the delegation would bring in a team of experts to evaluate Pakistan’s “underappreciated” oil and gas sector, praising the country’s existing gas infrastructure.
Despite Pakistan’s challenging investment climate, the US is one of its largest sources of FDI. US companies have profitable operations across a range of sectors, notably franchise operations, fast-moving consumer goods, agribusiness, and financial services.
Other sectors attracting US interest include ICT, renewable energy and health care services.
‘You are our front face in entire region,’ US businessman close to Trump tells Pakistan
https://arab.news/43kwx
‘You are our front face in entire region,’ US businessman close to Trump tells Pakistan
- Gentry Beach is on two-day visit to Pakistan leading a delegation of American investors
- Ties between Pakistan, US were strained during ex-American president Biden’s tenure
Karachi-bound bus crashes in fog, killing five in eastern Pakistan
- Motorway closure forced the bus onto an alternate route, unfamiliar to the driver
- Pakistan weather office reports visibility as low as 30 meters in parts of Punjab
ISLAMABAD: At least five people were killed and around 28 injured early on Wednesday when a passenger bus traveling from Rawalpindi to Karachi plunged into a ravine near Dhok Pathan in eastern Pakistan, after the driver diverted from a closed motorway due to dense fog, police said.
Poor visibility during Pakistan’s winter months frequently makes long-distance travel hazardous, prompting authorities to shut motorways and major roads during severe fog to prevent accidents. However, traffic mishaps involving both light and heavy vehicles are not uncommon during such conditions, sometimes triggering multi-vehicle pile-ups.
“A passenger bus traveling from Rawalpindi to Karachi plunged into a ravine near Dhok Pathan, killing at least five people and injuring around 28 others,” Adeel Sarfraz, a senior police officer and station house officer in the area near Chakwal, told Arab News over the phone.
“The accident occurred at around 2 a.m.,” he added. “Since the motorway was closed due to dense fog, the driver diverted the bus onto the GT [Grand Trunk] Road. However, the driver was unfamiliar with the route, and poor visibility caused by the fog led to the accident.”
Winter fog is a recurring hazard across Pakistan’s plains, particularly in Punjab and upper Sindh, where conditions can deteriorate sharply during late night and early morning hours.
Data shared by the Pakistan Meteorological Department earlier in the day showed extremely low visibility across several districts, with levels dropping to 30 meters in Narowal and Sheikhupura, 40 meters in Gujranwala and 50 meters in Faisalabad, Sialkot Airport and Toba Tek Singh.
Levels of 100 meters were reported in cities including Okara, Rahim Yar Khan, Bahawalpur and Sargodha, while some southern Punjab districts recorded relatively better conditions at around 200 meters.
The weather office warned that moderate to dense fog is likely to persist over much of Punjab, upper Sindh and plain areas of Khyber Pakhtunkhwa, advising travelers — especially those driving on highways and motorways — to exercise caution during nighttime and early morning hours.
Road accidents are also common in Pakistan due to poor infrastructure, speeding and limited enforcement of safety regulations, with fog-related incidents adding to seasonal risks during winter.
