Pakistan, U.S. Reaffirm Strong Economic Partnership in High-Level Meeting

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Islamabad, Ms. Elizabeth Horst, U.S. Chargé d’Affaires in Pakistan, called on Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, at the Finance Division today. The meeting provided an opportunity to reaffirm the positive momentum in Pakistan–United States bilateral relations and to exchange views on matters of mutual economic interest.

Minister Aurangzeb expressed appreciation for the longstanding support of the United States toward Pakistan’s economic development. He acknowledged U.S. contributions to Pakistan’s macroeconomic stability achieved over the past eighteen months, and welcomed the continued strengthening of bilateral engagement across key sectors.

Sharing reflections from his recent official visit to the United States, the Finance Minister recounted productive meetings with U.S. Secretary of Commerce Howard Lutnick and U.S. Trade Representative Ambassador Jamieson Greer. He noted the encouraging progress in advancing trade and economic cooperation, underscoring the shared commitment to deepening commercial ties.

Senator Aurangzeb emphasized the United States’ role as Pakistan’s largest trading partner, and expressed Pakistan’s strong interest in expanding cooperation beyond traditional sectors. He highlighted information technology, minerals, and agriculture as high-potential areas for future collaboration.

The Minister also provided a briefing on Pakistan’s improving macroeconomic indicators, including recent sovereign rating upgrades and increased investor confidence. He outlined the government’s reform agenda, with a focus on taxation and energy, and shared updates on Pakistan’s entry into Middle Eastern capital markets, plans for launching its first Panda bond, and future Eurobond and USD bond issuances.

Ms. Horst welcomed Pakistan’s economic progress and the government’s reform-driven initiatives. She reaffirmed the U.S. commitment to strengthening economic and trade relations with Pakistan, and expressed optimism about an enduring, robust business partnership between the two nations.

The meeting concluded with both sides expressing a shared commitment to building on the current momentum and further deepening bilateral cooperation in the months ahead.

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