ISLAMABAD — US Chargé d’Affaires Natalie Baker met with Pakistan’s Finance Minister Muhammad Aurangzeb to discuss ways to expand economic relations, trade and investment between the two countries.
The meeting focused on strengthening bilateral economic cooperation and attracting greater US investment in Pakistan.
Aurangzeb also briefed Baker on his recent visit to Washington and his meetings with US officials.
Pakistan Seeks Greater US Investment
Finance Minister Muhammad Aurangzeb stressed the need to increase investment from the US International Development Finance Corporation (DFC) and other financial institutions.
He said Pakistan wants to create more opportunities for American investors.
The government is also preparing viable projects and suitable financing structures for potential investors.
Officials discussed several sectors that could attract new US investment.
These sectors include ports, logistics, energy, telecommunications and digital technology.
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Pakistan-US Trade Talks Make Progress
Aurangzeb said Pakistan and the United States have made significant progress in negotiations on a bilateral trade framework.
He said Pakistan wants greater access to the US market.
The government also aims to increase exports and expand overall bilateral trade.
Officials reviewed ways to create new commercial opportunities for businesses in both countries.
They also discussed potential cooperation in emerging sectors, including artificial intelligence.
US Supports Pakistan’s Economic Reforms
Baker appreciated Pakistan’s efforts to stabilize its economy despite difficult economic conditions.
She also reiterated US support for Pakistan’s economic reform agenda.
The two sides discussed the economic impact of higher energy prices caused by regional tensions.
Pakistani officials also briefed the US diplomat on the government’s system for revising petroleum product prices on a daily basis.
Pakistan Focuses on Financial Stability
Aurangzeb said the government continues to focus on stronger financial discipline.
He also highlighted efforts to increase Pakistan’s foreign exchange reserves.
The finance minister said Pakistan would continue implementing economic reforms to increase exports and achieve sustainable economic growth.
He added that the government remains committed to attracting investment and improving the country’s business environment.
US Companies Show Investment Interest
The meeting also covered growing interest among US companies in Pakistan’s economy.
American businesses have expressed interest in investing further in key sectors, according to the discussions.
Both sides explored ways to support new investment projects and improve financing opportunities.
The officials agreed to strengthen Pakistan-US cooperation in trade, investment and other areas of economic activity.
Pakistan and US Seek Stronger Economic Partnership
The meeting highlighted the two countries’ efforts to expand their economic partnership.
Pakistan wants to increase exports, attract foreign investment and improve market access.
The United States, meanwhile, has welcomed Pakistan’s economic reforms and expressed support for greater commercial engagement.
Both sides agreed to continue working together to expand trade, investment and economic cooperation
