ISLAMABAD: Pakistan has asked USA to finalise a comprehensive economic and trade cooperation agreement in order to boost bilateral trade and investment.
John Mark Pommersheim, Deputy Assistant Secretary, Bureau of South and Central Asian Affairs, United States Department of State, accompanied by Natalie A Baker, the US Chargé d’Affaires to Pakistan, called on the Federal Minister for Finance and Revenue at the Finance Division on Wednesday. Both the sides exchanged views on Pakistan’s economic outlook, reform agenda, and avenues for enhancing bilateral economic cooperation. Mr Pommersheim acknowledged Pakistan’s efforts towards fiscal stabilisation and welcomed the signs of improvement in key macroeconomic indicators. He observed that the US businesses are closely watching reform progress and that improved policy consistency would further support commercial engagement.
The finance minister reiterated Pakistan’s commitment to facilitating foreign investment and maintaining regular engagement with the US business community, including the US Chamber of Commerce and American Business Council.
The meeting concluded with both sides expressing appreciation for the constructive dialogue and agreeing to maintain close engagement to further strengthen Pakistan-US economic cooperation.
