U.S. Embassy Engages with Pakistan’s Competition Commission to Enhance Cooperation

Islamabad: U.S. Embassy officials recently visited the Competition Commission of Pakistan (CCP) to explore opportunities for strengthening bilateral collaboration on competition law between Pakistan and the United States.

According to a statement by Ministry of Climate Change and Environmental Coordination, representatives from the U.S. Embassy’s Economic Section held discussions with Salman Amin, Member Office of Fair Trade and International Affairs, and his team. The meeting aimed to address concerns related to international cartelization, the potential abuse of dominant positions by global firms, and challenges arising from digital platforms and new technologies such as artificial intelligence.

The dialogue acknowledged recent decisions by both the CCP and the U.S. Federal Trade Commission, highlighting shared challenges and the potential benefits of knowledge exchange between the two regulatory bodies. Specific areas for enhancing bilateral and technical collaboration were also discussed.

CCP officials provided a briefing on recent measures to promote competition across various sectors, attract foreign direct investment, and improve the ease of doing business in Pakistan. The discussions included the possibility of organizing dedicated advocacy sessions on Competition Law for American businesses operating in Pakistan, in collaboration with the American Business Council.

The post U.S. Embassy Engages with Pakistan’s Competition Commission to Enhance Cooperation appeared first on pakistannewsgazette.com.

Check Also

IFC to Boost Equity Investments in Pakistan

Islamabad: The International Finance Corporation (IFC) has announced plans to amplify its equity investments in Pakistan, focusing on large-scale infrastructure projects. This initiative, as outlined by IFC's Managing Director Makhtar Diop, aims to ch...

The post IFC to Boost Equity Investments in Pakistan appeared first on pakistannewsgazette.com.