Pakistan’s minerals could help fix trade imbalance with US: Aurangzeb
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WASHINGTON: Finance Minister Muhammad Aurangzeb has said Pakistan’s vast mineral resources could help fix the trade imbalance with the US, as both countries were set to hold trade talks next month.
Speaking at the Atlantic Council think tank in Washington, Mr Aurangzeb downplayed the significance of new tariffs introduced by the Trump administration. He said the real issue was “trade imbalance “.
He added that the US-Pakistan talks in Washington next month will focus on addressing trade imbalances and US tariffs.
The upcoming talks, he noted, would present “a real opportunity” for the two countries to “engage constructively on a broad range of issues”.
He indicated that Pakistan was ready to address the trade imbalance with the US, which stood at $3bn, during the forthcoming discussions.
The minister referenced the minerals conference held in Islamabad earlier this month, which was attended by a high-level US delegation.
“We believe the minerals sector could create a win-win situation for both the United States and........
© Dawn Business
