US-Pakistan bilateral ties see positive shift after COAS' Washington visit: Bloomberg

WASHINGTON (Dunya News) – Trade relations between Pakistan and the United States have been showing positive momentum since the visit of Chief of Army Staff Field Marsha Asim Munir to Washington, according to a report published by Bloomberg.

The report highlighted that Field Marshal Munir received an exceptional welcome at the White House last month. Following the visit, Pakistan recommended US President Donald Trump for the Nobel Peace Prize, further signaling a diplomatic outreach.

Bloomberg noted that since the COAS visit, trade talks between the two countries have gained encouraging traction, with signs of improvement in bilateral relations between Islamabad and Washington.

It is recalled that Field Marshal Syed Asim Munir was hosted by Trump at the White House on June 19.

During the meeting, the US president lauded Pakistan’s ongoing efforts for regional peace and stability, and appreciated the robust counter-terrorism cooperation between the two states. Both sides reaffirmed their commitment to continued collaboration in the field of counter-terrorism.

According to the ISPR, discussions also encompassed avenues for expanding bilateral cooperation in multiple domains including trade, economic development, mines and minerals, artificial intelligence, energy, cryptocurrency, and emerging technologies. President Trump expressed keen interest in forging a mutually beneficial trade partnership with Pakistan based on long-term strategic convergence and shared interests.

President Trump also commended Field Marshal Asim Munir’s leadership and decisiveness during a period of complex regional dynamics.

Pakistan keen to expand trade ties with US

A day earlier, Finance Minister Muhammad Aurangzeb underscored Pakistan’s interest in expanding cooperation in both traditional and non-traditional sectors with United States including IT, minerals, and agriculture to foster a mutually beneficial relationship.

The finance minister was leading a delegation which held productive meeting with US Secretary of Commerce Howard Lutnick and United States Trade Representative Ambassador Jamieson Greer in Washington D.C. on Friday.

He highlighted that the United States remains Pakistan’s largest trading partner. Both sides expressed satisfaction with the progress in enhancing trade and economic ties, a cornerstone of Pakistan-US bilateral relations.

They reaffirmed their commitment to exploring opportunities to strengthen these ties in all possible areas of mutual benefit.

Both parties also expressed optimism that ongoing trade talks would yield positive outcomes, benefiting the economies of both countries.