US to send 15 trade delegations to Pakistan in 2020: Alice Wells

The United States is planning to send 15 trade delegations to Pakistan in 2020 to explore possibilities for expanding trade with the country, says Assistant Secretary of State Alice Wells. This information was in a paper which Wells read at a Washington think-tank last week. She added that both the governments are working to increase US-Pakistan trade and investment relationship.

She highlighted that the U.S. firm Excelerate is prepared to potentially invest more than $300 million to upgrade a floating storage regasification unit in Pakistan’s first LNG terminal. While recalling she mentioned the investments of PepsiCo and Coca-Cola, Proctor & Gamble’s Children’s Safe Drinking Water Programme as well as US investments in the power sector.

Source: Pro Pakistani