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Pakistan, U.S. Hold High-Level Talks to Deepen Trade and Investment

The talks set up follow-through at a March 31 trade and investment forum hosted by the US Chamber.

Overview

  • Finance Minister Muhammad Aurangzeb met US Commerce Secretary Howard A. Lutnick in Washington, D.C., leading a delegation that included Pakistan’s commerce secretary and ambassador.
  • Both governments reaffirmed a shared intent to expand economic cooperation with a focus on trade and new investment.
  • Discussions highlighted prospective U.S. interest in Pakistan’s ICT, mining, minerals and energy sectors.
  • Officials committed to continue engagement on major projects in the coming months, building momentum toward concrete opportunities.
  • Days earlier, the two sides signed a memorandum to cooperate on operating and redeveloping New York’s Roosevelt Hotel, a state asset tied to Pakistan’s IMF-linked restructuring plans.