{"id":1383,"date":"2025-07-28T15:11:31","date_gmt":"2025-07-28T15:11:31","guid":{"rendered":"https:\/\/thefridaynews.com\/?p=1383"},"modified":"2025-07-28T15:13:30","modified_gmt":"2025-07-28T15:13:30","slug":"us-acting-ambassador-finance-minister-discuss-strengthening-trade-and-investment-ties","status":"publish","type":"post","link":"https:\/\/thefridaynews.com\/?p=1383","title":{"rendered":"US Acting Ambassador, Finance Minister Discuss Strengthening Trade and Investment Ties"},"content":{"rendered":"\n<p>United States Charg\u00e9 d\u2019Affaires in Pakistan and acting top diplomat Elizabeth Horst on Monday met Finance Minister Muhammad Aurangzeb in Islamabad, according to a press release by the Finance Division.<\/p>\n\n\n\n<p>On Thursday, the US State Department&nbsp;<a href=\"https:\/\/www.dawn.com\/news\/1926640#:~:text=a%20better%20deal.-,New%20US%20envoy,-Meanwhile%2C%20the%20State\">appointed<\/a>&nbsp;Elizabeth Horst as the acting ambassador to Pakistan.<\/p>\n\n\n\n<p>Horst, a senior career diplomat, was serving as the principal deputy assistant secretary in the Bureau of South and Central Asian Affairs before arriving in Pakistan to take charge of her position.<\/p>\n\n\n\n<p>\u201cHorst welcomed the economic progress and the government\u2019s reform-driven approach, emphasising the US commitment to strengthening economic and trade ties with Pakistan,\u201d the press release said.<\/p>\n\n\n\n<p>The meeting served as an opportunity to exchange views on matters of mutual interest and to reaffirm the positive trajectory of bilateral relations between Pakistan and the US.<\/p>\n\n\n\n<p>The finance minister expressed appreciation for the longstanding support extended by the US towards Pakistan\u2019s economic development. He particularly lauded the continued US support for macroeconomic stability achieved over the past year and a half, and welcomed the healthy momentum in bilateral engagement across various sectors.<\/p>\n\n\n\n<p>\u201cRecalling his recent visit to the United States, the minister shared insights from his productive meetings with US Secretary of Commerce Howard Lutnick and United States Trade Representative Ambassador Jamieson Greer in Washington, DC,\u201d the statement continued<\/p>\n\n\n\n<p>He noted the encouraging progress in deepening trade and economic ties between the two countries.<\/p>\n\n\n\n<p>Aurangzeb underscored the importance of the US as Pakistan\u2019s largest trading partner and highlighted Pakistan\u2019s keen interest in broadening bilateral cooperation beyond traditional sectors. He specifically pointed to the promising potential in information technology, minerals, and agriculture as avenues for mutually beneficial collaboration.<\/p>\n\n\n\n<p>The finance minister also briefed Horst on Pakistan\u2019s recent macroeconomic indicators, including sovereign rating upgrades and renewed investor confidence.<\/p>\n\n\n\n<p>He outlined the government\u2019s reform agenda focused on critical areas such as taxation and energy, aimed at unlocking sustainable, long-term economic growth.<\/p>\n\n\n\n<p>\u201cFurthermore, he shared updates on Pakistan\u2019s successful entry into Middle Eastern capital markets, its upcoming plans for issuing the inaugural Panda bond, and future access to euro and US dollar markets,\u201d the press release added.<\/p>\n\n\n\n<p>The acting US ambassador reiterated US support for continued economic and political stability in Pakistan and expressed optimism for an enduring and robust business partnership between the two nations.<\/p>\n\n\n\n<p>The meeting concluded with a mutual commitment to building on the momentum of current engagements to further deepen bilateral cooperation.<\/p>\n\n\n\n<p>Last week, United States Secretary of State Marco Rubio&nbsp;<a href=\"https:\/\/www.dawn.com\/news\/1926499\/rubio-lauds-pakistans-role-in-global-and-regional-peace-in-1st-meeting-with-fm-dar\">lauded<\/a>&nbsp;Pakistan\u2019s role in \u201cglobal and regional peace\u201d in his first meeting with Deputy Prime Minister and Foreign Minister Ishaq Dar, the Foreign Office (FO) had said.<\/p>\n\n\n\n<p>US-Pakistan relations saw a major boost when Trump&nbsp;<a href=\"https:\/\/www.dawn.com\/news\/1918093\">hosted<\/a>&nbsp;Chief of Army Staff Field Marshal Asim Munir at the White House last month in an unprecedented meeting.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>United States Charg\u00e9 d\u2019Affaires in Pakistan and acting top diplomat Elizabeth Horst on Monday met Finance Minister Muhammad<\/p>\n","protected":false},"author":1,"featured_media":1384,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,4,9],"tags":[],"class_list":["post-1383","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-newsbeat","category-world"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - 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