News Update: 7th February 2020 according to the recent news and hearsays of strategic issues which currently Pakistan is facing in terms of the financial sector. Firstly as Pakistan and the USA seek out to restart the Economic Bonds. With this regard keeping in mind such as Pakistan’s role in the extraction of the United States from Afghanistan.
As well as Islamabad’s role as a peacemaker in the Middle East (between Iran and Saudi Arabia). Secondly, increasing prominence has been placed. It is shown on economic ties between Pakistan and US economic Washington in recent meetings between senior officials of both countries.
While addressing a press conference in Washington DC about his visit to South Asia, Wells described some of the steps being taken to promote more substantive economic ties between the United States and Pakistan.
Furthermore, they included plans for commercial exhibitions and reciprocal visits to commercial delegations. It should be noted that the United States had previously offered Pakistan a Free Trade Agreement, as a reward for its help in allowing Washington to withdraw its troops from Afghanistan. A prominent US Republican Senator In the US, Lindsey Graham. Thirdly, considered close to President Trump, he made that proposal during his visit to Islamabad in January 2019.
While It is also very important to note that during his visit to the United States in January this 2020 Pakistan’s Foreign Minister Shah Mahmood Qureshi spoke of the need to fortify bilateral economic ties between Pakistan and Washington DC. Moreover, it called US investments in Pakistan and talked about the need for the United States to extract travel cautions that prevent US citizens from visiting Pakistan due to terrorist violence.
Several factors could be responsible for the emphasis on strengthening economic ties. First, Washington has been trying to promote economic engagement with several countries, including Pakistan. Ms. Wells, during a commitment to the media at the Woodrow Wilson Center in November 2019, clearly articulated the American vision of the commitment and explained how it differed from China’s approach.
While the senior from the State Department official said. US companies struggle to contribute to sustainable economic growth and grants from the United States government. Therefore, underline the grants, they have developed Pakistan’s infrastructure and capacity in education, health, energy, agriculture, steel, and law implementation.