FM in U.S.: Pakistan seeks trade growth in non-traditional sectors

July 19, 2025 (MLN): Pakistan is aiming to expand its trade footprint with the United States by deepening collaboration beyond traditional goods and services into sectors such as information technology, minerals, and agriculture, as bilateral economic engagement gathers pace in Washington.

Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, conveyed Pakistan’s renewed interest in diversifying the trade portfolio during a meeting with U.S. Secretary of Commerce Howard Lutnick and U.S. Trade Representative (USTR) Ambassador Jamieson Greer in Washington.

The high-level discussions are part of a broader effort to unlock new growth avenues and inject momentum into Pakistan-U.S. trade relations.

"The United States remains Pakistan’s largest trading partner, and we see immense potential for expanding cooperation across a range of emerging and strategic sectors," said Aurangzeb.

He emphasized the government’s focus on integrating Pakistan into global value chains by tapping into non-traditional exports such as technology services, mineral development, and modernized agriculture, including value-added products.

Both sides acknowledged the progress made in recent trade talks and reaffirmed their commitment to fostering an enabling environment for businesses and investors from both countries.

U.S. officials welcomed Pakistan’s proactive stance and signaled interest in further exploring areas that could offer mutual benefit, especially in digital trade and resource-based industries.

The discussions form part of a broader dialogue aimed at revitalizing Pakistan-U.S. economic ties amid evolving global trade dynamics.

With shifting supply chains and rising demand for diversified partnerships, the talks come at a critical juncture for Pakistan’s export strategy and economic diplomacy.

Officials from both countries expressed optimism that the ongoing engagement would yield concrete outcomes soon, positioning Pakistan and the U.S. as stronger economic partners.

Copyright Mettis Link News