US eyes investment in IT, mining, energy

ISLAMABAD:

The United States has expressed interest in investing in Pakistan's IT, mining, minerals and energy sectors, as both countries agreed, on Saturday, to maintain engagement on large-scale projects, according to the Ministry of Finance.

Federal Minister for Finance Muhammad Aurangzeb met US Secretary of Commerce Howard Lutnick in Washington, where the two sides discussed promoting trade and investment between Pakistan and the United States.

The ministry said American interest was conveyed in ICT, mining, minerals and energy. Both countries reaffirmed their commitment to strengthening economic cooperation and welcomed the holding of the US-Pakistan Trade and Investment Forum on March 31, 2026.

Prominent companies from both sides and ministerial-level participation are expected at the forum. The finance minister is likely to attend the US Department of Commerce event. A Pakistani delegation, led by Aurangzeb, met Lutnick at the Department of Commerce in Washington DC. The finance minister was accompanied by the secretary commerce, Pakistan's ambassador to the United States and trade and economic ministers.

According to the statement, both sides reiterated their desire to enhance economic cooperation, particularly in trade and investment, and agreed to continue engagement on investment in major projects in the coming months.