Pakistan Trade Mission Readout

Taken Question
Office of the Spokesperson
Washington, DC
November 15, 2013

Question: Please provide a readout of the November 14 U.S.–Pakistan energy meetings in Houston.

Answer: Yesterday, the U.S.–Pakistan energy trade mission organized by the U.S. Embassy in Islamabad met with international oil companies and service companies in Houston to discuss exploration and production, and LNG business opportunities.

Pakistani Minister of Petroleum Abbasi and U.S. Ambassador to Pakistan Olson addressed a gathering of over 100 energy sector representatives and highlighted potential opportunities for American companies in Pakistan, including offshore gas exploration, equipment provision, and LNG supply.

The Houston Mayor's office, which helped organize the reception, highlighted the robust business and trade relationship between Pakistan and Houston (around $275 million annually) and the Houston–Karachi sister city relationship.

Minister Abbasi noted the importance of trade not just aid in the bilateral U.S.–Pakistan relationship and urged American companies to invest in Pakistan.

The trade mission will continue November 15 with additional meetings and site visits that will display cutting edge technology and equipment.

This is the first trade mission organized by the United States since the re-launch of the Strategic Dialogue and builds on the U.S.–Pakistan business opportunities conference in Dubai in June.

PRN: 2013/1419