Deputy Prime Minister Ishaq Dar expressed confidence that Pakistan-US bilateral trade could reach $20 billion in five years, up from $9.4 billion in the last fiscal year.

During a meeting with US congressmen and businessmen, Dar emphasized the potential of mutual economic cooperation, highlighting Pakistan's role as a key market for US cotton and hydrocarbons, and the opportunities for American manufacturers in Pakistan's growing demand for machinery and technology.

He noted the presence of over 80 US companies in Pakistan and the government's efforts to streamline regulations and improve infrastructure to attract investment.

Dar also mentioned the establishment of the Special Investment Facilitation Council (SIFC) to support investors and the importance of sustained US-Pakistan collaboration in areas like IT, AI, energy, and agriculture.

The deputy PM acknowledged the US's role in facilitating the Pakistan-India ceasefire and expressed gratitude for the support of US agencies like EXIM Bank.The article underscores the government's commitment to enhancing trade and investment ties despite global uncertainties.