ISLAMABAD - United States and Pakistan agreed to work together on measures to promote private sector engagement between the two countries and create legitimate and productive enterprises for the Pakistani people. The Commerce Ministry on Thursday issued the joint statement of United States-Pakistan Trade and Investment Framework Agreement (TIFA). Zafar Mahmood Commerce Secretary led the Pakistani side in the trade talks while Michael Delaney; Assistant US Trade Representative headed the US delegation. The meeting marks the fifth meeting of the US-Pakistan TIFA Council. The US-Pakistan TIFA, which was signed in 2003, has been the primary forum for bilateral trade and investment discussions between the two countries. Official sources told The Nation that nothing special has came out from the two days meeting. The joint statement stated, The officials discussed a wide range of investment climate issues including market access, the US Generalised System of Preferences (GSP), trade promotion efforts, intellectual property rights and sector-specific investment challenges. Both sides agreed to work together on measures that will promote private sector engagement between the two countries and create legitimate and productive enterprises for the Pakistani people. As part of that effort, the United States will work with the US Congress to enact Reconstruction Opportunity Zones (ROZ) legislation. In addition, both delegations reviewed trade promotion efforts and agreed to continue collaboration, including support for Pakistani exhibitors to participate in major US trade shows. Pakistan also asked for support of its programme to assist women-owned enterprises in rural areas of the country. The US delegation agreed to follow up on the proposal once it is received. Pakistan provided an overview of its efforts to export mangoes to the United States and expressed its satisfaction in the assistance they received but mentioned that additional work must be done. The US delegation confirmed its continued support for the ongoing Pakistan trade capacity building programme. The TIFA process has been the focal point of a sustained and multi-faceted high-level engagement between the United States and Pakistan on trade and investment issues, including addressing impediments to greater trade and investment flows between the Parties. US-Pakistan trade and investment flow witnessed significant improvements in 2009-2010, notably a 17 per cent increase in Pakistans exports to the United States. In addition to the TIFA Council meeting yesterday, the US and Pakistani delegations also met today with representatives from the Pakistan Institute of Fashion & Design (PIFD) in Lahore, Pakistan. The PIFDs board is chaired by Pakistans Minister of Commerce, Makhdoom Muhammad Amin Fahim. The delegations discussed ways to enhance the capacity of the PIFD, including prospects for developing linkages with similar US institutions. This and other parts of Pakistans economy were hit hard by the devastating floods of 2010.