Islamabad (Web Desk): Minister for Planning and Development, Ahsan Iqbal, has emphasized the country’s desire to strengthen its partnership with the United States (US) in several key areas, including the economy, climate change, science and technology, agriculture, education, and healthcare. Speaking at an event hosted by the US Agency for International Development (USAID) in Islamabad, Iqbal noted that this is a pivotal moment for both nations to rejuvenate their relationship, especially with the transition to a new US administration.
Iqbal highlighted that the US remains one of Pakistan’s largest trading partners, with bilateral trade surpassing $6.5 billion in 2023.
“Key Pakistani exports to the US include textiles, surgical instruments, and IT services—sectors that are crucial to Pakistan’s economy,” he said.
However Ahsan stressed that there is substantial untapped potential for expanding trade relations, which could lead to job creation, spur innovation, and bolster economic resilience.
The planning minister suggested that both countries can further strengthen their economic ties by removing trade barriers and fostering joint ventures.
He also emphasized the importance of mutual respect for each other's sovereignty, and called for a cooperative approach to addressing shared challenges, particularly those that impact regional stability and global security.
Ahsan Iqbal also reaffirmed Pakistan’s commitment to revitalizing the US-Pakistan Knowledge Corridor, a collaborative project aimed at advancing research partnerships, facilitating academic exchanges, and promoting dual degree programs.
He pointed out that this initiative has the potential to significantly enhance Pakistan’s intellectual and technological capabilities, supporting the development of a knowledge-driven economy.
The planning minister underscored that the Pakistan-US relationship is not only critical for the two countries' bilateral growth but also plays a crucial role in tackling broader global challenges such as economic development, climate change, and technological innovation.
