During a farewell meeting with Finance Minister Muhammad Aurangzeb on Tuesday, the US Ambassador to Pakistan, Donald Blome, reaffirmed the commitment of the United States to supporting Pakistan’s economic reforms and growth. According to a press release from the finance ministry, the discussion revolved around economic cooperation and strengthening bilateral ties.
Blome expressed appreciation for the enduring relationship between the two countries. “The meeting concluded on a positive note, with both sides expressing their desire to further strengthen bilateral relations, especially in the areas of trade and economic collaboration,” the statement added.
Pakistan’s Reform Agenda Discussed
Minister of Finance, Aurangzeb, during the meeting, notified the current happenings regarding the country’s economic plans through Pakistan. The minister added that the government was going toward economic stability. Reforms are being made to move away from the alternating cycles of high and low by improving export-oriented growth.
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Aurangzeb thanked the US for supporting Pakistan in securing agreements like the Stand-by Arrangement (SBA) and the Extended Fund Facility (EFF) with the International Monetary Fund (IMF).
He also pointed out the potential to boost trade in IT and digital services, emphasising the importance of the US as Pakistan’s biggest trading partner.
Strengthening Ties with China
Apart from that, the Finance Minister also discussed the matters with the Pakistan Ambassador in China Khalil Hashmi. They exchanged views on the possibilities of economic diplomacy and the progress in this regard for improving investor confidence.
Aurangzeb underscored increased opportunities for Pakistan’s broader partnerships with economic growth. Ambassador Hashmi informed him of the efforts being made to strengthen ties with China. Also present at the meeting was Syed Tariq Fatemi, Special Assistant to the Prime Minister on Foreign Affairs.
Such meetings indicate Pakistan’s concern in enhancing global economic ties particularly with the US and China for supporting the reform agenda within Pakistan and for required sustainable growth.
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