US Consul General in Karachi visits CDC

A delegation from the US Consulate in Karachi, headed by Mr. Rob Silberstein, US Consul General in Karachi visited the Central Depository Company on March 05, 2020. Representatives of leading Pakistani corporates and US Businesses in Pakistan attended this event.

Mr. Moin M. Fudda, Chairman CDC Board of Directors, welcomed the delegation and spoke about the long term bilateral relations between US & Pakistan while stressing on the need to foster greater ties on business and trade initiatives. Mr. Badiuddin Akber, CEO-CDC, while giving an overview on the Pakistan Capital Market landscape and CDC’s key role in its development, highlighted the association between CDC and its counterparts from the US Capital Market.

US Consul General Rob Silberstein lauded CDC on its achievements in transforming the Pakistani Capital Market. He said that “It is important to figure out how we actually bring the two sides closer together for the benefit of both countries. The fact that so much of Pakistan’s financial interest rests on these close people to people and business to business ties between the US and Pakistan is something that needs to be cherished. US and Pakistan should bring together expertise and technology, particularly for bigger future projects through more effective Public Private Partnership.”