Georgia has been named the No. 1 state for business for the 11th consecutive year in 2024, reaffirming its position as a global business hub. Farooq Mughal, a member of the Georgia Assembly, extended a warm invitation to Pakistani entrepreneurs to explore the numerous untapped business opportunities in the United States. Speaking during his visit to Pakistan at a meeting hosted by the USA Business Council of the Federation of Pakistan Chamber of Commerce and Industry (FPCCI), Mughal highlighted the potential for strengthening trade ties between the two nations.
The event was chaired by Shaikh Imtiaz Hussain, Chairman of the USA Business Council FPCCI, and attended by senior FPCCI representatives and business leaders. Shaikh Imtiaz Hussain lauded Mughal for his efforts in promoting Pakistan’s economy and his instrumental role in passing the resolution for Sindh and Georgia to become sister states. He emphasized the importance of bilateral trade relations in sectors such as textiles, IT, agriculture, and pharmaceuticals.
“Pakistani businessmen are keen to expand into the U.S. market, while American companies are looking to invest in Pakistan’s growing economy. Trade exhibitions, business conferences, and bilateral agreements are crucial steps in fostering this relationship,” Hussain said. FPCCI Senior Vice President Saqib Fayyaz Magoon announced plans for a high-level trade delegation to visit the U.S., emphasizing sector-specific B2B meetings to maximize opportunities for all industries. Farooq Mughal proposed the establishment of an Education City in Pakistan in collaboration with U.S. universities, offering affordable, high-quality education to Pakistani students.
He also identified strong U.S. demand for Pakistani goods, including marble, jewelry, carpets, furniture, sports equipment, and pink salt. “Improving the quality of Pakistani products to meet international standards and focusing on branding will enhance consumer confidence and boost exports to the U.S. and other global markets,” Mughal noted. Mughal underscored the long-standing trade relationship between the U.S. and Pakistan, pointing to existing exports like cotton, rice, garments, and leather products.
He stressed the importance of exploring new product categories and expanding trade agreements to increase bilateral commerce. He added, “The United States is Pakistan’s largest trading partner. By facilitating Pakistani businesses and encouraging innovation, we can unlock new opportunities to stabilize the economy and strengthen ties between our nations.”
