Aurangzeb, US Officials discuss economic cooperation, investment

ISLAMABAD, (APP - UrduPoint / Pakistan Point News - 22nd Jul, 2026) Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, met U.S. Treasury Secretary Scott Bessent and senior U.S. International Development Finance Corporation (DFC) officials in Washington to strengthen bilateral economic cooperation, seek support for Pakistan's reform agenda and private-sector investment, and discuss accelerating sustainable, export-led growth.

According to press release issued by finance ministry here Wednesday, the minister in meeting with U.S. Treasury Secretary, Scott Bessent, highlighted Pakistan’s journey from macroeconomic stabilization to sustainable, export-led growth, while noting the economy’s vulnerability to regional geopolitical developments.

He sought greater U.S. support for Pakistan’s road to market, underpinned by improved access to international capital markets, higher foreign exchange reserves, and enhanced sovereign credit ratings.

Both sides reaffirmed their commitment to deepening bilateral economic cooperation, promoting greater U.

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S. investment, and advancing strategic projects.

Meanwhile, the minister also met with representatives of the U.S. International Development Finance Corporation (DFC) in Washington, D.C and sought expedited support for priority private sector-led projects in the energy, information technology, infrastructure, minerals, food and agriculture sectors.

He noted that the DFC's focus on ports, telecommunications, information technology, energy, minerals, pharmaceuticals, manufacturing, and supply-chain development closely aligns with Pakistan's development priorities.

The Finance Minister invited a DFC team to visit Pakistan to identify bankable projects and work with relevant stakeholders in developing viable business plans.

Discussions also covered the possibility of establishing DFC representation in Pakistan and engagement with future U.S. congressional delegations.