LAHORE: Founder Chairman Pak-US Business Council and
veteran trade leader Iftikhar Ali Malik Thursday congratulated Democrat
Joe Biden on becoming 46th president of the United States.
He expressed these views while talking to media here today.He also
further extended greetings to Kamala Harris first ever woman Vice President
and hoped new leadership will focus on bringing durable peace worldwide
especially in South Asia besides restoring the confidence of entire Muslim Ummah
in addition to fully ensuring equal rights to all irrespective of color, creed,
religion and caste.
He further hoped that under new era,Pakistan will be provided free
market access to United States at zero duty in the wake of war on terror in the
region and the US private sector will further enter into joint ventures in
Iftikhar Ali Malik said what Pakistan needs is to opt the model of joint
ventures on the pattern of Egypt and some African countries to enhance
trade ties with biggest economies like the US.
He said Pakistan had been keen to explore potential trade concessions as
it could import more US cotton in return for preferential US market access
for its apparel export. A preferential Trade Agreement (FTA) could be a long
goal because of complexity involved in the process, he further said and added
that the Trade and Investment Framework Agreement ( TIFA) provided an
institutional mechanism to carry forward those discussions and come up with new