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US to look into Pak entrepreneurial potential

The Daily Banker

Date: March 4, 2014
Web Address: http://pakbanker.com.pk/?p=9518

The leading global think tank for international affairs and security, Center for Strategic andInternational Studies (CSIS) will be looking at the entrepreneurial potential of Pakistan through a series of round-table discussions across Pakistan. CSIS will be working closely with Mishal Pakistan, a leading researchinstitution in the country working on economic development.

Senior expert and renowned economist and fellow at the Center for Strategic andInternational Studies Sadika Hameed will be visiting Pakistan to discuss connecting Pakistanientrepreneurs in the ways in which they can help U.S. businesses, in conjunction with Mishal Pakistan. Hameed is very well respected and regarded in Washington DC for her ability to translate Pakistani objectives into U.S. policy agendas and vice versa.

Sadika Hameed shared that “Developing economies bear a disproportionate share of the costs of corruption, which impedes poverty reduction strategies. Reducing corruption, which attracts foreign investors, should be a major focus not just of development assistance and diplomacy, but also of trade coalitions and business community efforts.”

Despite dire predictions, Pakistan’s economy has a number of structural factors that will translate investment into growth. All of these factors provide an impetus for international investment and the potential for local business growth in Pakistan. The objectives of theresearch are three fold: To identify competitive industries/sectors in Pakistan which already have a healthy entrepreneurial spirit and potential to grow, and can help mitigate the risks that U.S. businesses would otherwise face in investing in Pakistan. The roundtables will also seek to identify the competitive industries/sectors in Pakistan, which are of interest to businesses and high net worth individuals in the United States as well as find ways toconnect Pakistani entrepreneurs with U.S. businesses in the competitive sectors.

The series of roundtables are expected to start in the third week of March and conclude with one to one interactions with the stakeholders from policy makers, entrepreneurs, media and related institutions.

CSIS is a bipartisan, nonprofit organization headquartered in Washington, D.C. The Center’s 220 full-time staff and large network of affiliated scholars conduct research and analysis and develop policy initiatives that look to the future and anticipate change.

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