The Counselor for Economic Affairs is responsible for monitoring and managing the full range of economic matters between the United States and Pakistan. This office interacts with the Government of Pakistan on bilateral and international economic policy issues, and reports on developments in macroeconomic performance, poverty alleviation, finance, trade, science and technology, and labor. In addition, Economic Officers report on key sectors such as energy, aviation, and telecommunications. Currently, Econonic Officers are pursuing the following goals with the Government of Pakistan:
- The finalization and passage of an anti-money laundering (AML) law and establishment of a financial intelligence unit;
- Improvements in Pakistan's intellectual property rights (IPR) regime;
- Improvements in Pakistan's investment climate, including the launch of negotiations for a Bilateral Investment Treaty (BIT);
Enhancement of Pakistan's trade and maritime infrastructure; and,
- Encouragement of pro-poor economic policies.
In the absence of a Department of Commerce Foreign Commercial Officer, the Economic Section works with our Foreign Commercial Service Colleagues http://www.buyusa.gov/pakistan/en/ to promote U.S. exports to Pakistan, working with agencies such as the U.S. Trade and Development Agency at http://www.tda.gov and the U.S. Export-Import Bank at http://www.exim.gov . The Economic section also assists U.S. investment in Pakistan, working with the Overseas Private Investment Corporation at http://www.opic.gov . The Economic Section continually interacts with U.S. firms doing business in Pakistan, often through the American Business Council of Pakistan: http://www.abcpk.org.pk/abcpk/html/home2.html and the U.S.-Pakistan Business Council: http://www.uspakistan.org/ .
Counselor for Economic Affairs