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Pakistan finance minister meets US officials for trade talks

Pakistan finance minister meets US officials for trade talks

Deccan Herald17 hours ago
"Both sides expressed satisfaction with the progress in enhancing trade and economic ties, a cornerstone of Pakistan-US bilateral relations," Pakistan's finance ministry said in a statement.
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A delegation led by Finance Minister Muhammad Aurangzeb held a meeting with US Secretary of Commerce Howard Lutnick and United States Trade Representative Ambassador Jamieson Greer in Washington DC om Friday. Photo Express A delegation led by Finance Minister Muhammad Aurangzeb held a productive meeting with US Secretary of Commerce Howard Lutnick and United States Trade Representative Ambassador Jamieson Greer in Washington DC om Friday. Both sides expressed satisfaction with the progress in enhancing trade and economic ties, a cornerstone of Pakistan-US bilateral relations. They reaffirmed their commitment to exploring opportunities to strengthen these ties in all possible areas of mutual benefit. Aurangzeb emphasized that the US remains Pakistan's largest trading partner and underscored Pakistan's interest in expanding cooperation in both traditional and non-traditional sectors, including IT and tech sector, minerals, and agriculture, to foster a mutually beneficial relationship. Both parties expressed optimism that ongoing trade talks would yield positive outcomes, benefiting the economies of both countries.

Pakistan finance minister meets US officials to advance trade negotiations
Pakistan finance minister meets US officials to advance trade negotiations

India Today

time20 hours ago

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Pakistan finance minister meets US officials to advance trade negotiations

Pakistan's Finance Minister Muhammad Aurangzeb held productive trade talks with US officials in Washington on Friday, meeting with Commerce Secretary Howard Lutnick and US Trade Representative Ambassador Jamieson Greer to resume bilateral discussions."Both sides expressed satisfaction with the progress in enhancing trade and economic ties, a cornerstone of Pakistan-US bilateral relations," Pakistan's finance ministry said in a statement said Aurangzeb emphasised that the US remained Pakistan's largest trading partner. Both sides expressed optimism that ongoing trade talks would yield positive outcomes, benefiting the economies of both countries, the finance ministry Pakistan faces a 29% tariff on exports to the US under President Donald Trump's measures to target countries with large trade surpluses with the US Pakistan's surplus will be around $3 billion in was optimistic that the trade talks would conclude in a week's time after a virtual meeting between Aurangzeb and Lutnick late last to Reuters, the talks followed an earlier submission by a Pakistani delegation outlining a comprehensive list of US demands, including reductions in both tariff and non-tariff trade Islamabad initially hoped to finalise the deal by early July, sources familiar with the matter say negotiations are taking longer than expected due to the complexity of the requirements. Islamabad has already offered to import more US goods, including crude oil, and to open up investment opportunities through concessions for US firms in Pakistan's mining relations saw a major boost when Trump hosted Pakistan's army chief Field Marshal Asim Munir, at the White House last month in an unprecedented meeting.- EndsMust Watch

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