Latest news with #Pak-US
Business Recorder
4 days ago
- Business
- Business Recorder
Aurangzeb heads to US to finalise trade talks
ISLAMABAD: Finance Minister Muhammad Aurangzeb left for the US to conclude Pak-US trade talks. Finance Ministry's official statement issued on Monday noted that final discussions on Pak-US Trade Dialogue will be held during the visit. Reaching a trade agreement between the two countries will benefit the economies of both countries. Strong trade and economic relations is an important pillar of Pak-US bilateral relations. The statement further noted that US is Pakistan's largest trading partner. Pakistan is keen to expand bilateral trade relations to traditional and non-traditional sectors. Pakistan says it's close to US trade deal, Washington gives no timeline There are vast opportunities for partnership between the two countries in important sectors such as information technology, minerals and agriculture. Finance Minister's visit to the US is a link to strengthen bilateral trade and economic relations between the two countries, it added. Before leaving for US, Elizabeth Horst, US Chargé d'Affaires in Pakistan, called on Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, at the Finance Division. The meeting served as an opportunity to exchange views on matters of mutual interest and to reaffirm the positive trajectory of bilateral relations between Pakistan and the United States. The finance minister expressed appreciation for the longstanding support extended by the United States towards Pakistan's economic development. He particularly lauded the continued US support for macroeconomic stability achieved over the past year and a half, and welcomed the healthy momentum in bilateral engagement across various sectors. Recalling his recent visit to the United States, the Minister shared insights from his productive meetings with US Secretary of Commerce Howard Lutnick and United States Trade Representative Ambassador Jamieson Greer in Washington, DC. He noted the encouraging progress in deepening trade and economic ties between the two countries. Senator Aurangzeb underscored the importance of the US as Pakistan's largest trading partner and highlighted Pakistan's keen interest in broadening bilateral cooperation beyond traditional sectors. He specifically pointed to the promising potential in information technology, minerals, and agriculture, as avenues for mutually beneficial collaboration. The minister also briefed Horst on Pakistan's recent macroeconomic indicators, including sovereign rating upgrades and renewed investor confidence. He outlined the government's reform agenda focused on critical areas such as taxation and energy, aimed at unlocking sustainable, long-term economic growth. Further, he shared updates on Pakistan's successful entry into Middle Eastern capital markets, its upcoming plans for issuing the inaugural Panda bond, and future access to Euro and USD markets. Horst welcomed the economic progress and the government's reform-driven approach, emphasising the US commitment to strengthening economic and trade ties with Pakistan. She reiterated US support for continued economic and political stability in Pakistan, and expressed optimism for an enduring and robust business partnership between the two nations. The meeting concluded with a mutual commitment to building on the momentum of current engagements to further deepen bilateral cooperation. Copyright Business Recorder, 2025
Time of India
6 days ago
- Politics
- Time of India
Trump 'BEGS' For Thai-Cambodia 'Ceasefire; Drops Trademark 'Trading Table' Lollipop I Details
Didn't Bow to Pak-US: Yogi Adityanath Recalls How Vajpayee's India Defied Pressure During Kargil War On the 26th Kargil Vijay Diwas, UP Chief Minister Yogi Adityanath delivered a thunderous tribute to India's armed forces, reminding the nation how Pakistan cowardly imposed the 1999 Kargil War. Yogi lauded the fearless Indian Army for not just reclaiming Kargil's icy peaks under -50°C but also resisting pressure from global superpowers. "Pervez Musharraf went begging to America, but Vajpayee ji said India will not bow to anyone," he declared. His speech ignites a nationalistic fire, echoing India's unwavering stand on sovereignty, military grit, and political resolve. This clip captures how India's spirit stood tall against Pakistani aggression and international coercion.#india #pakistan #kargilvijaydiwas #yogiadityanath #indiafirst #vajpayee #kargilwar #indianarmy #pervezmusharraf #operationvijay #toi #toibharat #bharat #trending #breakingnews #indianews 404 views | 13 hours ago
Time of India
6 days ago
- Politics
- Time of India
‘Deceptive Netanyahu': Furious Hamas' DIRECT Message To Trump On Ceasefire Sabotage, Gaza Aid
Didn't Bow to Pak-US: Yogi Adityanath Recalls How Vajpayee's India Defied Pressure During Kargil War On the 26th Kargil Vijay Diwas, UP Chief Minister Yogi Adityanath delivered a thunderous tribute to India's armed forces, reminding the nation how Pakistan cowardly imposed the 1999 Kargil War. Yogi lauded the fearless Indian Army for not just reclaiming Kargil's icy peaks under -50°C but also resisting pressure from global superpowers. "Pervez Musharraf went begging to America, but Vajpayee ji said India will not bow to anyone," he declared. His speech ignites a nationalistic fire, echoing India's unwavering stand on sovereignty, military grit, and political resolve. This clip captures how India's spirit stood tall against Pakistani aggression and international coercion.#india #pakistan #kargilvijaydiwas #yogiadityanath #indiafirst #vajpayee #kargilwar #indianarmy #pervezmusharraf #operationvijay #toi #toibharat #bharat #trending #breakingnews #indianews 404 views | 13 hours ago
Business Recorder
7 days ago
- Business
- Business Recorder
Pakistan's role in global, regional peace praised
ISLAMABAD: In a significant development, Deputy Prime Minister and Foreign Minister, Senator Mohammad Ishaq Dar held an important meeting with US Secretary of State, Marco Rubio on Friday in Washington DC to discuss various crucial issues including Pak-India strained relations, confirmed Foreign Office Spokesperson Ambassador Shafqat Ali Khan in a brief statement. According to the FO statement, both Pakistan and the United States have reaffirmed their resolve to work together to progress and further strengthen bilateral ties and build strong and coordinated relations in diverse sectors. The two sides exchanged views on promotion of bilateral trade and economic cooperation including investment, agriculture, technology, and minerals. Both sides have also discuss in details issues related to counter-terrorism and regional peace, said FO. US Secretary of State Marco Rubio acknowledged the matchless sacrifices of Pakistan in war against terror. Pakistan always played a positive role regarding the establishment of global and regional peace, he remarked. This is the first one-on-one meeting between the Foreign Ministers of Pakistan and the United States. DPM/FM Dar appreciated the efforts of U.S. President Donald Trump for the promotion of global peace and stability. He said the role and efforts of the US President in recent Pakistan-India standoff are commendable. 'Pakistan is desirous to further expanding and strengthening of Pak-US bilateral ties,' Dar was quoting as saying. Dar has also been crossed optimism for positive outcome in the ongoing trade dialogue between the two countries. Ishaq Dar said there is unanimity in the stance and interests of both the countries regarding regional peace. The Deputy Prime Minister said Pakistan is an attractive destination for the US business community and investors. 'I m pleased to meet Secretary Rubio for a comprehensive discussion on the full spectrum of bilateral relations. We reaffirmed our commitment to the long term Pakistan-US partnership, with renewed focus on economic, trade, investment, IT/AI and CT cooperation,' Dar said. DPM added. 'We also exchanged views on key regional and global developments. I appreciated the U.S. constructive role in facilitating the recent Pakistan-India ceasefire'. Both sides reaffirmed the importance of close coordination at multilateral fora, including at the UN Security Council. 'With continued dialogue and mutual respect, I am confident we can build a more stable, prosperous, and mutually beneficial future for both our nations,' Senator Dar emphasised. Copyright Business Recorder, 2025
Business Recorder
7 days ago
- Business
- Business Recorder
Rubio lauds Pakistan's anti-terror role, vows deeper ties in meeting with FM Dar
U.S. Secretary of State Marco Rubio on Friday acknowledged Pakistan's sacrifices in the fight against terrorism and praised its constructive role in promoting regional stability, Aaj News reported. The remarks came during his first in-person meeting with Deputy Prime Minister and Foreign Minister Senator Ishaq Dar, who is on an official visit to the United States. During the meeting, both sides reaffirmed their commitment to strengthening bilateral cooperation across multiple sectors, including agriculture, minerals, and digital technology. The delegation-level talks were attended by senior officials from both sides, including Pakistan's Ambassador to the U.S., Rizwan Saeed Sheikh. Dar received a warm welcome upon arrival and appreciated the U.S. leadership's efforts toward peace. He highlighted Pakistan's potential as an investment destination and reiterated the importance of deepening trade and technology collaboration. The deputy prime minister is also scheduled to speak at the US think tank, The Atlantic Council, sharing Pakistan's perspective on regional and global issues as well as the future of Pak-US relations. Pakistan's Ambassador to the US, Rizwan Saeed Sheikh, and senior embassy officials received Dar at the train station in the US capital. Reciprocal tariff: Pakistan officials to meet Trump administration, Bloomberg reports During his week-long visit, Dar attended high-level signature events of Pakistan's UN Security Council (UNSC) presidency in New York, while he met UN Secretary General António Guterres, on the sidelines of the High-Level Political Forum (HLPF) on Sustainable Development, as well. A day ago, Bloomberg, quoting US State Department Spokesperson Tammy Bruce as saying, reported that a Pakistani delegation will soon meet the administration of US President Donald Trump in a bid to reach an agreement on a trade deal. In a US Department of State press briefing on Wednesday, Bruce said she will attend the meeting between the Pakistani delegation and US officials. Islamabad is looking forward to the 29% reciprocal tariffs to be lifted that the Trump administration initially levied, Bloomberg said. The South Asian country has proposed to increase imports of soybeans and cotton, while it is already the second-largest buyer of US cotton by value, after China. Whereas, Pakistan's biggest export destination is the United States. Bilateral ties between Pakistan and US have improved in recent times, with Trump's holding a rare meeting with Field Marshal Asim Munir at the White House. The FO stated on July 19 that FM Dar's visit is an indication of Pakistan's increasing importance in both its relations with the US and the global landscape. Moreover, in order to complete a trade agreement, Finance Minister Muhammad Aurangzeb has also visited the United States and met with US Secretary of Commerce Howard Lutnick and US Trade Representative Jamieson Greer in Washington recently to advance economic cooperation, as per the Ministry of Finance. Reuters last week reported that the negotiations, focused on reciprocal tariffs, are part of a broader push to reset economic ties at a time of shifting geopolitical alignments and Pakistan's efforts to avoid steep US duties on exports.
