US ties vital for Pakistan’s economic stability: Ned Price

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US ties vital for Pakistan’s economic stability: Ned Price

The US State Department Spokesperson Ned Price has emphasized the importance of a robust trade relationship between the United States and Pakistan to bolster Pakistan’s economic stability as it recovers from devastating floods. Speaking at a press briefing in Washington, Price stated that the US trade relationship with Pakistan has helped both Pakistani industries and consumers and has great potential for further growth, particularly in energy, agriculture, franchising, retail trade, and information and communications technology products and services. He also highlighted that US investment in Pakistan is the highest it has been in over a decade, with US corporations announcing more than $1.5 billion in investment plans in Pakistan since 2019. Additionally, Price mentioned the shared interest between the United States and Pakistan in ensuring the Taliban lives up to the commitments that they have made and that terrorist groups that may be active in Afghanistan are no longer able to threaten regional stability.

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