Trump’s ally shows willingness to invest billions of dollars in Pakistan

Billionaire investor and United States (US) President Donald Trump’s ally, Gentry Beach, has expressed a desire to invest billions of dollars in Pakistan.

Speaking to media persons in Islamabad, Beach, who is currently heading a high-level US business delegation in the country, said they wanted to invest billions of dollars in Pakistan’s natural resources, energy sector and real estate.

Beach said he was not an expert on Pakistan’s economic practices, but they were open to exploring all possible areas of investment in the country.

“Not much attention has so far been given to the oil and gas sector in Pakistan,” he said, adding that they were also willing to help Pakistan unlock its full potential in these sectors.

The billionaire investor said he wanted to introduce state-of-the-art technology in Pakistan, bringing the country’s development sector at par with the developed world, and expressed hope for every Pakistani to have his or her own house in the future.

Beach said President Trump was also a businessman and the current leadership of both Pakistan and America shared similar mindsets. However, he went on to clarify, that he had nothing to do with the economic diplomacy of the government. “I am here not for negotiations but for business.”

He said that it was time for the US to move past the mistakes made by former president Joe Biden’s administration over the past four years, adding that he saw Pakistan as an ally of the US.

To a question about Presidential Envoy for Special Missions Richard Grenell’s interest in Pakistani politics and support for jailed Pakistan Tehreek-e-Insaf (PTI) founder Imran Khan, Beach said he believed the president’s aide was misled by deepfake technology.

He added that Grenell had made the statements according to his understanding of Pakistan.

It merits a mention that the business delegation’s two-day visit to Pakistan holds particular significance for Pakistan, marking the first of its kind since the Trump administration took charge.

Reports said the visit would pave way for new investment opportunities, economic cooperation and stronger bilateral ties between the two countries. Several investment agreements between Pakistan and the US have reportedly been signed during the visit.

Beach’s visit is also seen as a key diplomatic achievement for Pakistan, given his close association with the Trump family and the role he played in President Trump’s previous election campaigns.

The visit, reports said, underscores the strengthening of economic and political relations between the two countries in the early days of a new American government.