Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, met with U.S. EXIM Bank President and Chairman, Mr. John Jovanovic, in Washington, D.C. During the meeting, the Finance Minister discussed expanding Pakistan–U.S. economic and commercial cooperation, with a focus on financing for specific long-term projects and increased trade in agricultural commodities, including cotton and soybeans, as well as hydrocarbons. The Finance Minister welcomed the U.S. EXIM Bank's proposal of developing a broader framework to consolidate priority projects, establish a multi-year transaction pipeline, and facilitate U.S. financing, technology, equipment, and services. Both sides agreed to identify near-term transactions, designate focal persons, and work towards finalizing the strategic framework, with a view to having it signed on the sidelines of the United Nations General Assembly session in September 2026.
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