The PCC-USA hosted a community dinner where a large number of Pakistani communities turned up along with representatives/ office bearers of various associations and trade organizations. The main speakers were Mr. Saeed Sheikh, Mr. Haroon Sheikh, Hon. M. J. Khan, Mr. Kamal Shaharyar, Dr. Zia Ahmed and Mr. G. R. Baluch. The delegates were honored by shields of recognition sponsored by PCC-USA along with congressional awards/certificates by the Mayor Houston, Congresswoman Sheila Jackson and Congressman AL Green. The delegates enjoyed a sumptuous dinner and interacted with the local community people from different traits.
He said that this trade delegation was here to explore the market and new avenues in the fields of textiles, dry fruits, marbles and jewelry and establish some mutual trade relations. These delegates were the leading manufacturers and exporters of various sectors in Pakistan. Through this networking seminar, the delegates were exposed to meet and interact with the key business of their respective areas. He further mentioned that in terms of trade, the USA was Pakistanâ€™s single largest trading partner, with volume of trade at nearly $5.8 billion in year 2005-06 and said 25.5% of Pakistanâ€™s exports go to the US.
Over the last three years, there has been a considerable increase in exports from Pakistan to the USA. ($2.2 billion in 2000-01 to $4.2 billion in 2005-2006). Out of which, 89% of Pakistan exports to the US are textiles and clothing products. Mr. Saeed Sheikh, President elect of PCC USA, the head of the delegation, and other key business and community leaders also addressed to the participants. In the welcome address, Mr. G. R. Baluch, Consul General mentioned that Pakistan and the United States were long-standing friends and allies. Bilateral relations between the two countries went back to the early years after Pakistanâ€™s independence. He said that these delegates would help in strengthening the trade relations between these two friendly economies.
Houston Giant Halliburton Goes to Dubai–With Money
The last Halliburton annual general meeting happened in Woodlands, Texas, near Houston. Halliburton has now moved their operations to Dubai.
Vice-President Dick Cheney is Halliburtonâ€™s former CEO and Board Chairman. It is said his influence resulted in Halliburton getting huge military and oil contracts in the Middle East, which became possible due to the US occupation of Iraq. Several protestors came to the location of this last meeting of Halliburton, where the amplifier resounded with the hit song â€œTake the money and run.â€ Dozens of security guarded this Halliburton going away party.
A report authored by CorpWatch and its partners Halliburton Watch and the Oil & Gas Accountability Project (authored by investigative writers and journalists Pratap Chatterjee and Charlie Cray) is entitled – Goodbye Houston: An Alternative Annual Report on Halliburtonâ€â€“This report came out at the same time Halliburton met in Woodlands.
An in-depth, hard-hitting report, â€œGoodbye Houston,â€ provides a detailed look at Halliburtonâ€™s military and energy operations around the world as well as its political connections. Halliburton is one of the 10 largest contractors to the U.S. military. It has earned over $20 billion from the U.S. military in war-related contracts in Iraq since the March 2003 invasion. This cash bonanza may well be over because of the cancellation of its two most lucrative contracts: â€œOil Infrastructure Reconstructionâ€ & â€œMilitary Base Support.â€
â€œWith the loss of its two biggest taxpayer-funded contracts in Iraq, Halliburton has decided that its future lies outside the US. The company decision to move its headquarters to Dubai could spell a major financial loss to the U.S. Treasury,â€ says Pratap Chatterjee, co-director of CorpWatch.
â€œGiven the multiple ongoing investigations into Halliburtonâ€™s alleged wrongdoing, policymakers should closely scrutinize Halliburton â€˜s latest move, and whether it will allow the company to further elude accountability,â€ said Charlie Cray, co-director of Halliburton Watch and director of the Center for Corporate Policy. â€œMoreover, this underscores the need for Congress to bar companies that have broken the law, or avoided paying taxes, from receiving federal contracts.â€
â€œGoodbye Houstonâ€ documents how Halliburton may have broken the law by employing private security guards like Blackwater and Triple Canopy; the Triple Canopy guards have been alleged to have shot at unarmed Iraqis for sport. Halliburton truck drivers allege the company failed to adequately protect them in Iraq. New military audits show deliberate concealment of high overheads. New lawsuits allege that company management in Iraq and Kuwait knowingly wasted millions of dollars of taxpayersâ€™ dollars.
Halliburton has also finally admitted that its executives may have been involved in bribery and political meddling Nigeria. Also Halliburtonâ€™s hydraulic fracturing operations in the United States have continued to have disastrous impacts on the environment, including community water supplies. Halliburton has been accused of substandard work on offshore operations in Brazil, and is under investigation for no-bid contracts in Algeria.