Abb Takk News

Finance Minister calls on US Assistant Secretary Donald Lu, US vows to upgrade economic partnerships

Washington: Pakistan and the United States have vowed to upgrade economic partnerships in alternate energy, agriculture, climate resilience and tech industry sectors.

The resolve came during meeting of Finance Minister Muhammad Aurangzeb with US Assistant Secretary Donald Lu and Principal Deputy Assistant Secretary of US State Department Elizabeth Horst at World Bank headquarters in Washington.

The meeting underscored the political will in Washington to strengthen Pak-US ties.

The Minister highlighted emerging opportunities for US investment in Pakistan’s IT, energy, agriculture and minerals sectors and said Pakistan will work closely with US International Development Finance Corporation and Exim Bank.

He briefed the US officials about Pakistan’s reform agenda with a focus on broadening tax base, streamlining energy sector and fast-tracking privatization process of state-owned enterprises.