logo
Pakistan back in US calculus after years of isolation

Pakistan back in US calculus after years of isolation

Time of India6 days ago
Pakistan is re-entering US decision-making circles after a period of isolation, marked by high-level meetings and discussions on trade and security. Despite skepticism and economic challenges, Pakistan claims to be nearing a trade deal with the US, focusing on critical minerals. The US acknowledges Pakistan's counter-terrorism efforts and regional stability role, with potential interest in acquiring antimony.
Tired of too many ads?
Remove Ads
Tired of too many ads?
Remove Ads
Pakistan is back in US' decision-making circles after years of isolation amid intense lobbying by Islamabad and Washington's eagerness to reciprocate, notwithstanding its robust ties with India.From being courted by the US State Department for "anti-terror" operations to praises heaped by the US Central Command head to a possible trade deal, Islamabad has been able to make inroads into the Trump administration.Field Marshal Asim Munir's lunch meeting with Trump was the icing on the cake following which New Delhi raised the issue with Washington, people familiar with the matter hinted at.With the US being deeply involved in working out trade deals globally, Pakistan has claimed that it is "very close" to an agreement that could come within days. However, the US has not presented any such timeline."I think we are very close to finalising a deal with the US. Our teams have been here in Washington, discussing, having virtual meetings and a committee has been tasked by the prime minister to fine-tune now," Pakistan foreign minister Ishaq Dar said in a discussion at the Atlantic Council think tank in Washington last week."It's not going to be months, not even weeks, I would say (just) days," he said.The US State Department and Pakistan's foreign ministry, in separate statements after secretary of state Marco Rubio's meeting with Dar, said the two stressed in their discussion the importance of expanding trade and ties in critical minerals and mining.A post by Rubio on X after the meeting and the State Department's statement mentioned no timeline for finalising a trade deal. Sources familiar with Pakistan claimed that Islamabad has the habit of making tall and unsubstantiated claims while reality could be far from the truth. Pakistan's economy is staring at a crisis and a trade deal with the US may not boost the country's economic growth, the sources said.The US Central Command based in the Gulf has historically worked closely with Pakistan since the Cold War era. And last weekend, US Central Command chief General Michael Kurilla was conferred ' Nishan-e-Imtiaz (Military)' by the Pakistan President. The US general had recently backed Pakistan as a "phenomenal partner in countering terror".The honour for Kurilla coincided with the Pakistan foreign minister's visit to Washington. Rubio also thanked Dar for "Pakistan's partnership in countering terrorism and preserving regional stability". The two discussed harnessing Pakistan's critical minerals. The US is reportedly interested in acquiring antimony from Pakistan. Antimony is a metalloid used in various industries, including flame retardants, batteries, semiconductors, and even military applications.Critics claim that Pakistan has wooed the US through crypto business and the nomination of President Donald Trump for the Nobel Peace Prize.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Opec+ countries to boost oil production by 547,000 barrels per day
Opec+ countries to boost oil production by 547,000 barrels per day

Business Standard

time20 minutes ago

  • Business Standard

Opec+ countries to boost oil production by 547,000 barrels per day

A group of countries that are part of the Opec+ alliance of oil-exporting countries has agreed to boost oil production, a move some believe could lower oil and gasoline prices, citing a steady global economic outlook and low oil inventories. The group met virtually on Sunday and announced that eight of its member countries would increase oil production by 547,000 barrels per day in September. The countries boosting output, including Saudi Arabia, Russia, Iraq, United Arab Emirates, Kuwait, Kazakhstan, Algeria and Oman, had been participating in voluntary production cuts, initially made in November 2023, which were scheduled to be phased out by September 2026. The announcement means the voluntary production cuts will end ahead of schedule. The move follows an Opec+ decision in July to boost production by 548,000 barrels per day in August. Opec said the production adjustments may be paused or reversed as market conditions evolve. When production increases, oil and gasoline prices may fall. But Brent crude oil, which is considered a global benchmark, has been trading near $70 per barrel, which could be due to a potential loss of Russian oil on the market and a large rise in crude inventories in China, according to research firm Clearview Energy Partners. President Trump has not obviously relented from his threat to sanction Russian energy if the Kremlin does not reach a peace deal with Ukraine as of August 7, potentially via secondary tariffs on buyers, Clearview Energy Partners said in an analyst note Sunday. The eight countries will meet again on September 7, Opec said in a news release.

'Two strong economies': Canada's trade minister pledges to continue trade talks with US; urges dialogue despite Trump's new tariffs
'Two strong economies': Canada's trade minister pledges to continue trade talks with US; urges dialogue despite Trump's new tariffs

Time of India

time44 minutes ago

  • Time of India

'Two strong economies': Canada's trade minister pledges to continue trade talks with US; urges dialogue despite Trump's new tariffs

Canada's trade minister Dominic LeBlanc Canada's trade minister Dominic LeBlanc said on Sunday that his country is prepared to continue working toward a new trade agreement with the US, despite leaving Washington without a deal and facing increased tariffs from the Trump administration. 'We're prepared to stick around and do the work needed,' LeBlanc said in an interview on Face the Nation with Margaret Brennan. 'We believe there's a great deal of common ground between the United States and Canada in terms of building two strong economies that work well together,' he said as quoted by CBS News. The White House announced last week that tariffs on Canadian goods not covered under the Canada-United States-Mexico Agreement (CUSMA) would rise from 25% to 35%. The move was justified by concerns over immigration and fentanyl, with the administration claiming Canada has not done enough to address those issues. LeBlanc described the decision as 'disappointing' but emphasised that talks would continue. He said discussions with US trade representative Jamieson Greer and commerce secretary Howard Lutnick had been 'constructive, cordial conversations.' 'We're encouraged by the conversations with Secretary Lutnick and Ambassador Greer,' he said. 'But we're not yet where we need to go to get the deal that's in the best interest of the two economies.' The tariff hikes are part of a broader trade crackdown announced by Trump last week, targeting more than 60 countries. Canada, the US' second-largest trading partner, was the most significant nation affected. In 2024, Canada bought roughly $350 billion in US goods and exported $412 billion to the American market, according to Census Bureau data. In a separate Face the Nation interview on Friday, Greer pointed to Canada's earlier retaliatory tariffs under former Prime Minister Justin Trudeau as a reason for the increase. 'If the president's going to take an action and the Canadians retaliate, the United States needs to maintain the integrity of our action... so we have to go up too,' he said, reported CBS News. 'Our view is the president is trying to fix the terms of trade with Canada, and if there's a way to a deal, we'll find it,' Greer added. 'And if it's not, we'll have the tariff levels that we have.' Responding in a statement Friday, Canadian Prime Minister Mark Carney said he was 'disappointed' by the US action, noting that 'Canada accounts for only 1% of US fentanyl imports and has been working intensively to further reduce these volumes.' LeBlanc said Sunday that Carney is expected to speak with President Trump 'over the next number of days,' describing their relationship as 'business-like' and 'respectful.' 'We understand and respect totally the president's view in terms of the national security interests. In fact, we share it,' LeBlanc said. 'And what we've said to our American counterparts is, how can we structure the right agreement where we can both continue to supply one another in a reliable, cost-effective way that preserves jobs essential to the American economy? But the same thing is true, obviously, in Canada as well. ' Relations between the two countries have grown increasingly tense since Trump took office in January and floated the idea that Canada could become the '51st state.' Carney rejected the notion during a May Oval Office meeting, saying Canada is 'not for sale.'

Morne Morkel hails Mohammed Siraj, reflects on Day 4 twist and rain delay
Morne Morkel hails Mohammed Siraj, reflects on Day 4 twist and rain delay

Time of India

timean hour ago

  • Time of India

Morne Morkel hails Mohammed Siraj, reflects on Day 4 twist and rain delay

Trump Breaks Silence on India & Russia's Oil 'Breakup' | 'New Delhi May Stop…' 'I heard India may stop buying Russian oil,' said US President Donald Trump, calling it a 'good step.' But reports say Indian refiners are still sourcing discounted Russian crude. As U.S. pressure mounts, New Delhi defends its ties with Moscow as 'steady and time-tested,' while balancing key strategic relations with Washington. Will India bow to American pressure or stick with its long-time energy partner? 29.0K views | 1 day ago

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store