Skip to main content

US ‘agrees’ to investment in Pakistan’s mineral sector

US, Pakistan Mineral sector investment

The United States (US) has ‘agreed’ to invest in Pakistan’s mineral sector as trade negotiations between Islamabad and the Trump administration are underway in Washington, ARY News reported on Wednesday, citing sources.

As per details, the Pakistan and US sides have agreed to finalize a new trade agreement, diplomatic. The Pakistani delegation is being led by Secretary of Commerce Jawad Paul.

According to sources, the United States has expressed readiness to invest in Pakistan’s mineral sector, with potential investments ranging from $500 million to $1 billion.

Pakistan has presented various proposals aimed at expanding bilateral trade volumes. Diplomats indicate that the upcoming trade agreement between US and Pakistan could lay the foundation for a renewed economic partnership between Islamabad and Washington.

Pakistan has also conveyed a desire to further boost its textile exports to the US., while simultaneously inviting US investors to explore opportunities across multiple sectors in the country.

Read more: Pakistan begins formal negotiations with US over reciprocal tariffs

In addition to minerals, the Trump administration has shown interest in investing in Pakistan’s growing technology sector as well.

Pakistan’s proactive engagement underscores its efforts to protect its trade interests amid evolving global trade policies.

The US tariff policy also affects major trading partners such as India, China, the European Union, and Gulf nations, including Saudi Arabia, Qatar, and Afghanistan, highlighting the broader implications of the new trade measures.



from Latest Pakistan News and Breaking News from All over Pakistan https://ift.tt/Pcs0obz

Comments

Popular posts from this blog

Man arrested for harassing woman at Karachi’s market

KARACHI: District Central Police in Karachi have arrested a suspect, identified as Amir, for allegedly harassing a woman at a market in Sector 5M North Karachi, ARY News reported. The incident came to light after a video of the incident went viral on social media Senior Superintendent of Police (SSP) Central Zeeshan Siddiqui said that the woman was shopping at a stall when three youths, including Amir, allegedly harassed her. The SSP said that Amir was arrested with the help of the viral video. A case has been registered against Amir and others at Bilal Colony police station and raids are being conducted to arrest his two accomplices. Read More: Karachi man strips naked in front of passerby woman in Surjani Earlier in a separate case, the footage of an incident came to light, showing a man harassing a pedestrian woman in Karachi In the disturbing video, a woman was subjected to harassment while walking on a road in Pak Colony area of Karachi, later fleeing the scene. Authoritie...

Faisal Vawda foresees imminent sacking of a provincial governor

ISLAMABAD: Senator Faisal Vawda hinted at the removal of one of the provincial governors very soon. Speaking during the ARY News program, Senator Faisla Vawda said on Friday, “A provincial governor will be in troubled waters soon and his time is up. Without mentioning the name, Faisla Vawda said the governor in question has been selling his name, making money, and telling lies, now his turn has come, and he has to go home soon”. Vawda predicted that the governor’s removal would occur within the next week or two months but he will surely be removed from his post. He also took the opportunity to criticize the PPP-led Sindh government, stating that none of its cabinet members, aside from Chief Minister Murad Ali Shah, are capable of writing a paragraph in English. Vawda added that only god can save the country when Pakistan’s future is in the hands of such persons. Additionally, Vawda touched on the murder of anchor person Arshad Sharif, claiming that the facts of the case will soo...

President Zardari, Tayyip Erdogan discuss mutual ties

President Asif Ali Zardari on Monday held a meeting with his Turkish counterpart Recep Tayyip Erdogan during a brief stopover at Istanbul Airport en route to Portugal. Foreign Minister of Turkiye Hakan Fidan warmly received the president at the airport. In the meeting, President Zardari and President Erdogan discussed the bilateral ties and the matters of mutual interest besides exchanging courtesies. After a brief meeting with Recep Tayyip Erdogan, President Asif Ali Zardari reached Portugal. President Zardari will express condolences on the passing of Prince Karim Aga Khan. Before this, the president was on his five-day visit to China. Read more: Pakistan, China agree to further strengthen strategic cooperation During the visit, President Asif Ali Zardari met with his Chinese counterpart, President Xi Jinping and Premier Li Qiang, President Secretariat Press Wing said in a press release. The president also attended the opening ceremony of the 9th Asian Winter Games in the Ch...