USAID Signs MoU To Promote Digital Investments In Pakistan
USAID signed four partnership MoU with entities from the Pakistani diaspora to promote technology and digital investments in Pakistan.
The United States Agency for International Development (USAID) signed four partnership memorandums of understanding (MoU) with entities from the Pakistani diaspora on Wednesday to promote technology and digital investments in Pakistan.
The United States Agency for International Development (USAID) signed Memorandums of Understanding (MOUs) with the Organization of Pakistani Entrepreneurs of North America, Silicon Valley, to promote technology and digital investments in Pakistan and to support Pakistani startups; and SARCMedIQ to improve Pakistan’s health digital ecosystem.
It also signed Memorandums of Understanding with the Crescent Charity Foundation and PakFoods to improve humanitarian and social development outcomes in Pakistan.
The memoranda of understanding were signed at a U.S.-Pakistani diaspora conference here, where United States Embassy Deputy Chief of Mission Andrew Schofer highlighted the diaspora’s valuable contributions in the humanitarian, social, and commercial sectors in Pakistan.
Deputy Chief of Mission Schofer emphasised the long-standing US-Pakistan partnership to advance Pakistan’s economic growth and future opportunities for collaboration. “Just as the Green Revolution improved people’s lives in the past, a ‘Green Alliance’ between the United States and Pakistan will help us jointly strengthen climate resilience, develop clean energy alternatives, and foster economic growth,” he said.
The conference, sponsored by the US Mission in Pakistan in collaboration with the US-Pakistani diaspora entity Organization of Pakistani Entrepreneurs of North America, discussed and deliberated on Silicon Valley’s fundamental challenges and opportunities in Pakistan’s technology sector.
Over 300 people attended in person, including members of the US-Pakistani diaspora, prominent local business leaders, and Pakistani officials such as Federal Minister for Commerce Syed Naveed Qamar and Prime Minister’s Ambassador at Large for Investments Zeeshaan Shah.
“The conference was an opportunity to highlight some of the contributions and investments already made by the Pakistani diaspora, facilitate collaborations between Pakistani diaspora entities, and develop a road map for collective action to address the current economic, humanitarian, and social challenges in Pakistan,” said USAID Mission Director Reed Aeschliman.
The US remains steadfast in its commitment to engaging and partnering with the US-Pakistani diaspora to address Pakistan’s challenges in the technology, humanitarian, social, and commercial sectors, as well as to further Pakistan’s development goals.