Pakistan aims to double US trade to $20 billion in five years

Pakistan's Deputy PM and Foreign Minister Ishaq Dar told a US congressional delegation in Islamabad that Islamabad aims to double bilateral trade with Washington to $20 billion within five years, up from $9.4 billion last fiscal year. Dar highlighted Pakistan's improving macroeconomic indicators, structural reforms, and investment potential in technology, critical minerals, energy, manufacturing, and defense. He also welcomed the US EXIM Bank's $1.25 billion financing for the Reko Diq project. The push follows a $7 billion IMF bailout last year.

Pakistan's Deputy Prime Minister and Foreign Minister Ishaq Dar told a US congressional delegation in Islamabad that Pakistan aims to double bilateral trade with the United States to $20 billion within five years, up from $9.4 billion in the last fiscal year. Dar highlighted Pakistan's improving macroeconomic indicators, structural reforms, and investment potential in technology, critical minerals, energy, manufacturing, and defense. He welcomed the US EXIM Bank's $1.25 billion financing for the Reko Diq project. The push follows a $7 billion IMF bailout last year. The delegation included US Congressmen Ryan Zinke and Michael Baumgartner, who also met with Pakistan's military leadership, including Field Marshal Asim Munir. Dar emphasized the presence of over 80 American companies in Pakistan as a sign of confidence in the market. He framed the relationship as shifting from security-focused to trade-driven.