Pak envoy, US assistant for energy resources discuss energy, trade | Pakistan Today

Pak envoy, US assistant for energy resources discuss energy, trade

WASHINGTON: Pakistan’s Ambassador to the United States Ali Jahangir Siddiqui met Assistant for Energy Resources at US Department of State Francis Fannon on Tuesday to discuss matters pertaining to energy resources.

The officials discussed plans for two-way cooperation between the two countries on securing “energy resources, trade and investment”.

Francis Fannon looks over “U.S. foreign policy in the critical intersection of energy and national security and promotes U.S. interests to ensure energy resources are used to increase economic opportunity, stability, and prosperity around the world”.

On the other hand, National Accountability Bureau (NAB) has summoned Siddiqui on Aug 27 forsiphoning off funds amounting to €23.758 million in 2008 for the purchase of an Italian company, Monte Bello SRL, using a foreign company, Fairytal SRL, Sweden, which resulted in a loss to the company and its shareholders.

Siddiqui was named the ambassador on May 8 after former ambassador Aizaz Ahmed Chaudhry stepped down. On May 29, the new envoy reached US capital city and took over his new role of ambassadorship a day later.

Siddiqui is an investment banker by profession and has worked as a special assistant to former acting prime minister Shahid Khaqan Abbasi.

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