NASDAQ goes green with Pakistani flag
Pakistan flag was hoisted at the NASDAQ Stock Market building to mark Pakistan Independence Day.
NEW YORK (Dunya News) – Pakistan flag was hoisted at the NASDAQ Stock Market building in Times Square during the Pakistan Independence Day celebrations organized by Pakistan American Business Association on Thursday, Dunya News reported.
Pakistan permanent representative of to the United Nations, Maleeha Lodhi, was the chief guest on the occasion.
The event was carried live on a giant screen overlooking the crowded iconic square as well as by major American television networks on their economic and financial segments.
The event was organized by Pakistan American Business Association (PABA) in order to highlight Pakistan’s socio-economic progress and to promote Pakistan as an attractive market for global investors.
“Pakistan is on the rise,” Maleeha Lodhi told traders and investors gathered at the impressive ceremony held in the Pakistan flag-bedecked NASDAQ’s office building in New York’s Time Square to mark 70th year of the country’ establishment.
“I am glad that NASDAQ today has gone green with the Pakistani flag,” Ambassador Lodhi, herself dressed in green, said before pressing the button to set off the bell.
“We are open to business, and we are open to foreign investment,” she said, adding she was honoured to represent Pakistan at NASDAQ on the Independence Day celebrations from the platform of the Pakistan-American Business Association (PABA).
“Our economy has achieved an impressive turnaround and is poised for rapid growth,” the Pakistani envoy said. Economic stability had been achieved by an enabling environment of democratic consolidation and security gains. Pakistan’s foreign exchange reserves were up, inflation down and overseas remittances at record high.
“Our demographic profile of a youthful population gives Pakistan the ability to make a quantum leap in its development,” Ambassador Lodhi said.
“We are embarked firmly on the path of realizing our vision to turn Pakistan into a regional hub, connecting the different regions it straddles by providing trade, energy and communications corridors.”
The Chairman of PABA, M. Siddique Sheikh, and an active member of the body, Sajjad Qamar, were among those present at the ceremony, which was also attended by Pakistan Consul General Raja Ali Ejaz.
