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Pak-US Officials Engage to Ameliorate Trade and Investment

ISLAMABAD: The United States and Pakistan held an intersessional meeting under the Trade and Investment Framework Agreement (TIFA) here on Thursday (25th April, 2024).

During the rendezvous a broad range of areas to augment the bilateral trade and investment relationship were pondered upon.

The dialogue focused on good regulatory practices, digital trade, the protection of intellectual property, women’s economic empowerment, labor, textiles, investment, and agricultural issues, which included progress on access for US biotechnology products and beef.

It is pertinent to mention here that coming on the heels of Finance Minister Muhammad Aurengzeb’s visit to the America, engagements like the TIFA are key to moving forward on Pak-US shared goals of deepening the economic bilateral relationship and furthering the prosperity of working people in both countries.

PS: The United States has long been Pakistan’s largest export market, with potential for further growth. In 2023, the United States imported $5 billion in Pakistani goods, while overall, Pak-US goods trade measured $7 billion.

The United States has also been a leading investor in Pakistan for the past 20 years and more than 80 US companies currently operate in Pakistan, supplying high quality goods.

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M M Alam

M. M. Alam is a Pakistan-based working journalist since 1981. Karachi University faculty gold medalist Alam began his career forty-five years ago by writing for Dawn, Pakistan’s highest circulating English daily. He has worked for region’s leading publications, global aviation periodicals including Rotors (of USA) and vetted New York Times as permanent employee of daily Express Tribune. Alam regularly covers international aviation and defense-related events including Salon Du Bourget (France), Farnborough (United Kingdom), Dubai (UAE). Alam has reported thousands of events and interviewed hundreds of people in Pakistan, UAE, EU, UK and USA. Being Francophone Alam also coordinates with a number of French publications.

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