ISLAMABAD: Federal Finance Minister Muhammad Aurangzeb on Monday indicated that Pakistan is likely to secure substantial US investments in multiple sectors following a series of successful trade negotiations.
Speaking informally upon his return from the United States, Aurangzeb shared that Pakistan could soon receive promising news regarding major American investments in diverse fields. He noted that his visit yielded positive results from high-level meetings, which received strong appreciation from the US administration.
Calling the trade discussions a “major success” for the country, the minister said Pakistan was on the right path and that tangible benefits would become evident soon. He stressed the importance of policy decisions that ensure long-term economic improvement and expressed satisfaction over the mutually beneficial outcomes of the talks.
According to the finance ministry, the recent trade agreement marks the start of a “new era” of cooperation, particularly in energy, mining, IT, cryptocurrency, and other sectors. Both sides welcomed the deal, which is expected to reduce tariffs and attract fresh investment, though the exact rates on Pakistani exports have not been disclosed.
Pakistan had previously faced a potential tariff of 29%, which was suspended—similar to other nations—until August 1 to allow trade talks to conclude. Islamabad had been aiming for a tariff lower than those faced by regional competitors like Vietnam (20%) and India (threatened with 25%).
