Following high-level talks in Washington, Finance Minister Muhammad Aurangzeb declared that a tariff settlement among the United States and Pakistan had been finalized. The agreement is expected to increase investor trust on both sides and revitalize bilateral trade relations. Aurangzeb met with important leaders of the corporate sector, international financial institutions, and the US government …
To Increase Bilateral Trade, Pakistan And The US Sign A Tariff Agreement.

Following high-level talks in Washington, Finance Minister Muhammad Aurangzeb declared that a tariff settlement among the United States and Pakistan had been finalized.
The agreement is expected to increase investor trust on both sides and revitalize bilateral trade relations. Aurangzeb met with important leaders of the corporate sector, international financial institutions, and the US government throughout his official visit to the US capital.
The finance minister gave an update on Pakistan’s policy progress on regulating virtual assets, such as digital and cryptocurrency, during a meeting with US Assistant Secretary of the Treasury Robert Kaproth.
By pointing to recent reforms in the economy and favorable to investors policies that he claimed are making the business climate more appealing, Aurangzeb invited American corporations to invest in Pakistan’s oil and gas, mineral resources, agricultural, and information technology sectors. According to Aurangzeb, who spoke at the US-Pakistan Business Council, Pakistan’s macroeconomic metrics are improving.
He highlighted the government’s commitment to promoting business-to-business (B2B) and government-to-government (G2G) cooperation in important industries and urged the private sector to play a leading role in promoting economic growth.
Senior representatives from Citibank, the International Finance Corporation (IFC), and the Islamic Development Bank (IsDB) also spoke with the minister. During his meeting with executives from Citibank, he highlighted Pakistan’s progress in financial innovation and continuous reforms that have stabilized the economy.
IFC Vice President Riccardo Puliti and Aurangzeb met early in the morning. The parties agreed to expedite the financial conclusion of the Reko Diq mining project and expressed satisfaction with IFC’s ongoing investment in Pakistan. They also commended the impending opening of the IFC regional office in Islamabad.
Moreover Aurangzeb thanked the Islamic Development Bank for its assistance in funding Pakistan’s “M-6 Motorway” project during an interview with Dr. Sulaiman Al Jasser, the bank’s president. They also decided to build on a new Country Engagement Framework to direct future cooperation and talked about working together on oil finance and polio eradication efforts.