Diplomats

Rawalpindi Chamber of Commerce Undertakes High-Level US Investment Visit

NEW YORK: A high-level delegation from the Rawalpindi Chamber of Commerce and Industry, led by its President Usman Shaukat, visited New York from 11–14 February 2026 to explore structured investment opportunities in the United States, with particular focus on the New York and New Jersey region.

The visit highlights growing interest among Pakistani entrepreneurs in global expansion and outward investment. Delegation members noted that recent pro-business policies under the administration of US President Donald Trump have strengthened investor confidence and encouraged exploration of commercial presence in the US, including acquisitions, joint ventures, and greenfield projects.

On 12 February, the delegation began formal engagements with a detailed briefing at the New York City Economic Development Corporation. The Director of Global Affairs, Anne-Sophie Mahle, and the Director of Global FDI & Capital Markets, Youcif Almegaryaf, outlined New York City’s strategic investment landscape. Discussions highlighted priority sectors including real estate development, biotechnology and life sciences, sustainable infrastructure, and capital markets access. NYCEDC presented public–private partnership models, innovation ecosystem advantages, and facilitation mechanisms for foreign investors.

Subsequent meetings with the Greater New York Chamber of Commerce focused on regulatory pathways, sector competitiveness, and institutional collaboration frameworks. The delegation assessed opportunities in IT-enabled services, logistics, food processing, and technology-driven enterprises while reviewing compliance requirements and state-level incentives.

At the Consulate General of Pakistan in New York, the delegation met with Aamer Ahmed Atozai and Trade and Investment Counsellor Adnan Mahmood Awan. Discussions emphasized structured market entry strategies, leveraging diaspora networks, and aligning outward investment with Pakistan’s broader economic diplomacy objectives, with a focus on sustainable models that foster long-term commercial linkages.

In Manhattan, meetings with the President of OPEN NY explored diaspora-led capital mobilization, venture partnerships, and startup incubation channels, highlighting the role of Pakistani-American business leaders in facilitating cross-border investment flows.

On 13 February, the delegation met with Choose New Jersey to review state-level incentives, tax structures, workforce strengths, and site selection support. Priority sectors discussed included pharmaceuticals, advanced manufacturing, logistics, and technology clusters, alongside subsidiary establishment and commercial real estate frameworks.

Further engagement with the Chamber of Industry Association New Jersey examined industrial collaboration, supply chain integration, and potential manufacturing partnerships. Both sides expressed interest in follow-up mechanisms to translate discussions into tangible investment outcomes.

The delegation concluded that meetings with US economic development agencies, chambers of commerce, and private sector representatives were strategically valuable. Members indicated plans to pursue detailed feasibility studies and maintain structured engagement with stakeholders in the New York and New Jersey region.


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