Pakistan touts investment potential for US businesses in tech, energy and minerals

In this photograph taken on May 24, 2019, People work at their stations at the National Incubation Centre (NIC), a start-up incubator, in Lahore. (AFP)
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Updated 07 December 2025
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Pakistan touts investment potential for US businesses in tech, energy and minerals

  • The country’s envoy says both sides was committed to anchoring relations in economic cooperation
  • He describes Pakistan’s tech-savvy youth as a competitive asset for businesses needing skilled labor

ISLAMABAD: Pakistan’s ambassador to the United States said on Sunday the country offered profitable opportunities for American businesses in information technology, energy and minerals, according to an official statement.

The comments come months after the US and Pakistan reached a trade deal in July, with officials on both sides signaling interest in expanding cooperation into energy, mining, digital infrastructure and other sectors.

Pakistani Finance Minister Muhammad Aurangzeb at the time said the aim was to move “beyond the immediate trade imperative,” adding that the two countries had “come a long way” in their broader strategic partnership.

“Pakistan presents profitable opportunities for US entrepreneurs, particularly in the fast-growing and lucrative IT, energy and minerals sectors,” Ambassador Rizwan Saeed Sheikh said, according to the statement.

Sheikh made the remarks during a meeting at the embassy in Washington with a delegation from the Yale School of Management, which plans to visit Pakistan.

He said the leadership in both countries was committed to anchoring relations in economic cooperation and providing an investor-friendly environment for American firms looking to enter a market of more than 250 million people.

The ambassador noted Pakistan was strategically located at the crossroads of South Asia, Central Asia and the Middle East, adding that it served as a vital trade corridor offering US businesses connectivity to energy-rich Central Asian states and Gulf markets.

Sheikh highlighted opportunities in tourism, agriculture, manufacturing and information technology, pointing to Pakistan’s large, tech-savvy youth population as a competitive asset for businesses needing skilled labor.

“The success of over 80 US companies already operating profitably in Pakistan bears testimony to the country’s vast economic potential,” he said.

The statement added the delegation thanked the ambassador for the briefing and said it looked forward to the embassy’s support during the visit.


Pakistan opposition rallies in Khyber Pakhtunkhwa to demand release of Imran Khan

Updated 07 December 2025
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Pakistan opposition rallies in Khyber Pakhtunkhwa to demand release of Imran Khan

  • PTI-led gathering calls the former PM a national hero and demands the release of all political prisoners
  • Government says the opposition failed to draw a large crowd and accuses PTI of damaging its own politics

ISLAMABAD: Pakistan’s opposition led by the Pakistan Tehreek-e-Insaf (PTI) party demanded the release of jailed former prime minister Imran Khan at a rally in the northwestern Khyber Pakhtunkhwa province on Sunday, describing him as a national hero who continues to command public support.

The gathering came days after a rare and strongly worded briefing by the military’s media chief, Lt. Gen. Ahmed Sharif Chaudhry, who dismissed Khan as “narcissistic” and “mentally ill” on Friday while responding to the former premier’s allegations that Pakistan’s chief of defense forces was responsible for undermining the constitution and rule of law.

He said that Khan was promoting an anti-state narrative which had become a national security threat.

The participants of the rally called for “civilian supremacy” and said elected representatives should be treated with respect.

“We, the people of Pakistan, regard Imran Khan as a national hero and the country’s genuinely elected prime minister, chosen by the public in the February 8, 2024 vote,” said a resolution presented at the rally in Peshawar. “We categorically reject and strongly condemn the notion that he or his colleagues pose any kind of threat to national security.”

“We demand immediate justice for Imran Khan, Bushra Bibi and all political prisoners, and call for their prompt release,” it added, referring to Khan’s wife who is also in prison. “No restrictions should be placed on Imran Khan’s meetings with his family, lawyers or political associates.”

Addressing the gathering, Sohail Afridi, the chief minister of Khyber Pakhtunkhwa, denied his administration was not serious about security issues amid increased militant activity. However, he maintained the people of his province had endured the worst of Pakistan’s conflict with militancy and urged a rethinking of long-running security policies.

The resolution asked the federal government to restore bilateral trade and diplomatic channels with Afghanistan, saying improved cross-border ties were essential for the economic stability of the region.

The trade between the two neighbors has suffered as Pakistan accuses the Taliban administration in Kabul of sheltering and facilitating armed groups that it says launch cross-border attacks to target its civilians and security forces. Afghan officials deny the claim.

The two countries have also had deadly border clashes in recent months that have killed dozens of people on both sides.

Some participants of the rally emphasized the restoration of democratic freedoms, judicial independence and space for political reconciliation, calling them necessary to stabilize the country after years of political confrontation.

Reacting to the opposition rally, Information Minister Attaullah Tarrar said the PTI and its allies could not gather enough people.

“In trying to build an anti-army narrative, they have ruined their own politics,” he said, adding that the rally’s reaction to the military’s media chief’s statement reflected “how deeply it had stung.”

“There was neither any argument nor any real response,” he added, referring to what was said by the participants of the rally.