- UU. It is the largest export market in Pakistan with $ 5 billion in commerce.
- The United States charge is located with Finmin Aurengzeb in Islamabad.
- The financial tsar goes to Washington for trade conversations.
Washington/ Islamabad: Pakistan and the United States continued tariffs on Mondays, while Islamabad pushes to ensure an agreement before the deadline of August, The news reported on Tuesday.
The discussion marked the second commitment in three days, after the meeting of the VicePrimer Minister of Foreign Affairs, Ishaq Dar, with the Secretary of State of the United States, Marco Rubio, in Washington, on July 25.
“The Vice Prime Minister and Minister of Foreign Affairs, Ishaq, Dar, spoke with the Secretary of State of the United States Marco Rubio by telephone today,” said the Ministry of Foreign Affairs in a statement.
After its productive meeting last Friday in Washington DC, the FO said they discussed key bilateral issues, including tariffs, as well as regional and global problems of mutual interest.
Tariffs, initially established to enter into force this month, have been temporarily deferred until August, allowing a brief window for high -risk negotiations. The United States remains the largest export market in Pakistan, which represents around $ 5 billion in commerce.
Meanwhile, to finish a commercial agreement with the Trump administration, Pakistan finance minister Muhammad Aurengzeb, went to Washington, DC, with the possibility of signing a mutually agreed rate until the deadline of August 1, 2025.
Aurengzeb attended a meeting in the office of the Prime Minister, after which he was told to go to Washington to reach a commercial agreement with the United States. The Trump administration had given a deadline on August 1; Otherwise, they would implement a higher rate against countries reciprocally.
Previously, the Minister of Finance celebrated a meeting with the Charge d’Affires of the United States here, and it seems that the commercial negotiations between the sides have been completed, and a formal announcement is expected at the time shortly after the arrival of the Altos of the Pakistani in Washington DC.
The question arises if Pakistan gives Gigantes giants to the exemption of tax revenue taxes recently promulgated under the Finance Law, then Islamabad would also have to grant the same treatment to Chinese companies.
Finance of Tsar of Tsar Aurengzeb Ee. UU.
According to an official statement issued by the Ministry of Finance, the Minister of Finance, Aurengzeb, has gone to the United States to end the discussions under the commercial dialogue of Pakistan-United States ongoing, indicating a key step to strengthen the bilateral economic and commercial ties between the two nations.
The visit aims to conclude conversations about a proposed commercial agreement that is expected to bring mutual economic benefits and improve cooperation in the key sectors.
The authorities emphasized that solid commercial and economic relations are still a vital pillar of the bilateral relationship of Pakistan-United States, and the United States is currently the largest commercial partner of Pakistan.
Pakistan seeks to expand its bilateral commercial ties with the US. Both parties recognize the vast collaboration potential in these strategic domains.
Aurengzeb’s visit is seen as a crucial development in the effort to deepen the economic commitment and explore new ways for the association, with a particular approach in improving commercial flows and promoting long -term investment opportunities.
Elizabeth Horst, charged American of Affairs in Pakistan, asked the Minister of Finance Aurengzeb to the Finance Division on Monday. The meeting served as an opportunity to exchange points of view on matters of mutual interest and reaffirm the positive trajectory of bilateral relations between Pakistan and the United States.
The Minister of Finance expressed his appreciation for the support of long data extended by the United States towards the economic development of Pakistan. In particular, he praised the continuous support of the United States to macroeconomic stability achieved during the last year and a half, and welcomed the healthy impulse in bilateral commitment in several sectors.
By remembering his recent visit to the United States, the minister shared ideas of his productive meetings with the United States Secretary of the United States Howard Lutnick and the ambassador of the United States Commerce Representative Jamieson Greer in Washington, DC. He observed the encouraging progress in the deepening of trade and economic ties between the two countries.
Senator Aurengzeb stressed the importance of the United States as the greatest commercial partner of Pakistan and highlighted Pakistan’s great interest in expanding bilateral cooperation beyond traditional sectors. Specifically pointed out the promising potential in information, mineral and agriculture technology as ways for mutually beneficial collaboration.
The minister also informed Horst about the recent macroeconomic indicators of Pakistan, including sovereign rating improvements and renewed investor confidence. He described the government reform agenda, focused on critical areas such as taxes and energy, aimed at unlocking long -term sustainable economic growth. In addition, he shared updates on the successful entry of Pakistan in the capital markets of the Middle East, his next plans to issue the inaugural panda bonus and future access to euro and dollar markets.
Horst welcomed economic progress and the approach promoted by government reform, emphasizing the commitment of the United States to strengthen economic and commercial ties with Pakistan. He reiterated the support of the United States to continuous economic and political stability in Pakistan and expressed optimism for a lasting and solid commercial association between the two nations.
The meeting concluded with a mutual commitment to rely on the impulse of current commitments to further deepen bilateral cooperation.
