Islamabad: Federal Minister for Finance Muhammad Aurangzeb has indicated that Pakistan is likely to receive substantial US investments in multiple sectors following the successful conclusion of high-level trade talks in Washington.
Speaking informally upon his return from the United States on Monday, Aurangzeb said that encouraging announcements regarding major US investments will be made soon. He described the negotiations as a “significant success” and stressed that Pakistan is now moving in the right economic direction, with tangible results expected in the near future.
According to the finance ministry, the agreement reached during the talks will open new avenues for cooperation in energy, mines and minerals, information technology, cryptocurrency, and other sectors. The breakthrough also comes as Pakistan secured relief from a potential 29% tariff on its exports — a move that could have impacted competitiveness. The tariff threat has now been suspended to allow trade discussions to continue until August 1, with Pakistan aiming for rates lower than those imposed on regional rivals such as Vietnam (20%) and India (25%).
Aurangzeb underscored the need for decisions that ensure long-term economic growth and expressed satisfaction over the mutually beneficial outcome of the talks. Both the US and Pakistan hailed the agreement as the start of a new phase of economic collaboration.
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