PARIS – Overseas Pakistani business organizations in US and Europe have joined hands to expand trade networks, promote entrepreneurship and open new avenues for cross-border commercial cooperation.
Pakistan American Chicago Chamber of Commerce and Pakistan Business Forum Europe have signed a Memorandum of Understanding (MoU) aimed at bringing Pakistani entrepreneurs across the Atlantic closer together and helping them tap into business opportunities in two of the world’s largest economic markets.
The agreement marks a significant move towards building a stronger global business network for overseas Pakistanis, with both organizations committing to closer cooperation, knowledge-sharing and greater commercial engagement.
The landmark agreement was formalized at the Paris headquarters of Pakistan Business Forum Europe in the presence of prominent business leaders, community representatives and officials. Representing the Pakistan American Chicago Chamber of Commerce, President Naveed Anwar and Vice President Aamir Hanif signed the agreement.
Pakistan Business Forum Europe was represented by its Chairman Sardar Zahoor Iqbal, Founder Haji Aslam Chaudhry and Vice Chairman Hamza Taj Sukhera. Chaudhry Ehsan-ul-Haq Bajwa, Parliamentary Secretary for the Ministry of Overseas Pakistanis, attended the ceremony as chief guest, highlighting the importance of the initiative for Pakistan’s overseas business community.
Speaking at the ceremony, Chaudhry Ehsan-ul-Haq Bajwa praised the leadership of both organizations for taking an important step towards uniting Pakistani entrepreneurs across international markets. He calls overseas Pakistanis as one of the country’s most valuable assets, saying their achievements and contributions continue to strengthen Pakistan’s reputation around the world.
Bajwa emphasized that greater unity and cooperation among overseas Pakistani communities had become increasingly important, particularly in business, investment and international trade. He expressed confidence that the agreement would establish stronger relationships between Pakistani-origin business leaders in Europe and the United States, allowing them to collaborate more effectively and pursue shared economic opportunities.
Bigger Opportunities for Pakistani Entrepreneurs
Pakistan American Chicago Chamber of Commerce President Naveed Anwar welcomed the partnership, saying Pakistani entrepreneurs had established a strong presence in different industries and were demonstrating their capabilities in competitive international markets. He said connecting established Pakistani business networks in Europe and America could create meaningful opportunities for entrepreneurs seeking to expand beyond their existing markets.
The partnership is expected to help Pakistani businesses develop new commercial contacts, identify potential markets, exchange expertise and build long-term professional relationships. Anwar stressed that the benefits of closer business cooperation would extend beyond the participating organizations, supporting the wider Pakistani diaspora while potentially creating new economic opportunities for Pakistan.
He also extended an invitation to the leadership of Pakistan Business Forum Europe to visit Chicago, expressing his interest in developing stronger institutional and business-to-business relationships.
Pakistan Business Forum Europe Chairman Sardar Zahoor Iqbal welcomed the agreement and appreciated the cooperation extended by Naveed Anwar and his colleagues. He termed partnership as an important milestone in efforts to strengthen the international presence of Pakistani entrepreneurs and encourage greater economic engagement between overseas business communities.
Iqbal expressed optimism that the collaboration would help participating businesses discover new opportunities, strengthen existing commercial relationships and contribute to broader economic development.
The signing ceremony brought together a large gathering of Pakistan Business Forum France office-bearers, influential business personalities and members of the Pakistani community. Held at the Paris head office of Pakistan Business Forum Europe, the event reflected growing interest among overseas Pakistani business leaders in establishing stronger connections across international markets.
