Finance Minister Aurangzeb Confirms $5B Export Stability, Plans High-Level Washington Talks
Key Takeaways:
1️⃣ $5B Export Buffer: Pakistan’s exports to the US remain steady at $5 billion annually, with no immediate tariff-related disruptions.
2️⃣ Diplomatic Push: A high-level delegation will hold talks in Washington to preempt trade risks and ensure policy continuity.
3️⃣ Investor Confidence: The government is prioritizing diplomatic channels to mitigate global economic uncertainties impacting local businesses.
Karachi, Pakistan – Finance Minister Muhammad Aurangzeb has reassured exporters and investors that recent US tariff measures will not significantly disrupt Pakistan’s economy, emphasizing ongoing diplomatic efforts to maintain trade stability. During a meeting with the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), Aurangzeb stated that Pakistan’s $5 billion annual exports to the US remain secure, with proactive engagement underway during the World Bank-IMF summer meetings.
Aurangzeb disclosed that Prime Minister Shehbaz Sharif will dispatch a delegation to Washington to address tariff concerns and strengthen bilateral trade frameworks. The minister’s remarks aim to alleviate fears among business leaders, underscoring the government’s commitment to protecting trade interests through dialogue.