Pakistan’s Finance Minister in US for Trade Talks

Pakistan’s Finance Minister, Muhammad Aurangzeb, has arrived in the United States (US) for high-stakes trade negotiations, following Washington’s recent tariff adjustments affecting Pakistani exports. The discussions aim to stabilize economic ties, with the US being Pakistan’s top export destination, accounting for $5.44 billion in trade during the 2023-2024 fiscal year.

The Pakistani Finance Ministry confirmed the talks, emphasizing mutual economic benefits and opportunities in sectors like agriculture, minerals, and information technology (IT). Exports to the US grew by 10% from July 2024 to February 2025, reinforcing the importance of securing favorable terms.

This is Aurangzeb’s second US visit this month, underscoring Islamabad’s push to transition from short-term trade measures to long-term investment partnerships. Previous discussions with US Commerce Secretary Howard Lutnick and Trade Representative Jamieson Greer explored collaborations in mining, digital infrastructure, and emerging technologies.

Aurangzeb stated that strengthening investment, rather than relying solely on trade, could redefine bilateral relations. The outcome of these negotiations will significantly impact Pakistan’s export-driven economy.

With both nations seeking a balanced agreement, the talks could pave the way for deeper economic cooperation in the years ahead.