Pakistan pushes to boost trade and investment with US: Finance czar

Pakistani authorities expected to introduce policy framework designed to eliminate trade barriers

19 July 2025
Pakistan Pushes to Boost Trade and Investment with US: Finance Czar

Pakistan is aiming to deepen its trade and investment cooperation with the United States, its largest trading partner, Finance Minister Muhammad Aurangzeb announced after high-level meetings in Washington.

Speaking to the media following a series of discussions with senior US officials, including Treasury Secretary Howard Lutonk and Trade Representative Jameson Grey, Mr. Aurangzeb emphasized Islamabad’s commitment to pursuing a “constructive dialogue” on economic and trade matters.

“There remain important issues that require further discussion,” the Finance Minister stated, hinting at forthcoming announcements from Pakistan’s leadership aimed at enhancing bilateral economic relations.

According to a statement from Pakistan’s Finance Ministry, the talks reaffirmed both countries’ dedication to fostering a stable and comprehensive economic partnership. Discussions focused on expanding bilateral trade, facilitating investment flows, and resolving tariff and non-tariff barriers that currently impede trade.

US officials reportedly requested that Pakistan implement specific reforms, including reducing import tariffs and easing regulatory hurdles affecting American businesses operating in the country.

Mr. Aurangzeb’s visit arrives at a pivotal moment, as Washington is reportedly pressing for concrete progress on bilateral trade agreements ahead of an important August deadline. In response, Pakistani authorities are expected to introduce a policy framework designed to eliminate trade barriers and encourage increased foreign investment.

Both delegations expressed satisfaction with recent advancements in economic cooperation, highlighting promising collaboration in sectors such as energy, technology, and agriculture.