ISLAMABAD: Pakistan’s Finance Minister Muhammad Aurangzeb has said there are promising prospects of boosting trade between Pakistan and the US in the IT and digital services sectors.
He expressed these views during a meeting with the US Ambassador to Pakistan Donald Blome in Islamabad on Tuesday. He added that both countries are poised to benefit from closer economic ties.
The Finance Minister acknowledged the key role of the US as Pakistan’s largest trading partner and a major market for Pakistani goods and services.
He briefed the Ambassador on Pakistan’s economic outlook, emphasising the government’s reform agenda aimed at achieving macroeconomic stability and ending the boom-and-bust cycle through export-led growth.
Ambassador Donald Blome expressed his appreciation for the strong and enduring ties between the United States and Pakistan and reiterated the US commitment to continue supporting Pakistan’s economic reforms and growth.
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The two sides expressed their desire to further strengthen bilateral ties, especially in the areas of trade and economy.
Earlier this month Chargé d’Affaires at the US Embassy in Islamabad Natalie A Baker had promised her country’s help to Pakistan for addressing Pakistan’s economic challenges.
“The US Mission is facilitating investment in Pakistan through diplomacy and policy as Pakistan looks to move beyond the economic crisis and implement difficult but necessary structural economic reforms to realise a more prosperous future,” Baker told a conference organised by the Pakistan-America Business Forum and the Rawalpindi Chamber of Commerce and Industry.
