Washington and Islamabad hailed a trade deal last
month, which Pakistan said would result in lower tariffs and increased
investment.
Pakistan's Commerce Minister Jam Kamal has said Islamabad
will offer US businesses opportunities to invest in mining projects
primarily in the southwestern Baluchistan province through joint ventures with
local companies, providing concessions such as lease grants.
The province is home to key mining projects, including Reko
Diq, run by mining firm Barrick Gold and believed to be one of the world's
largest gold and copper mines.
"We look forward to exploring new areas of economic
cooperation, including critical minerals and hydrocarbons, and fostering
dynamic business partnerships," Rubio said late on Wednesday.
"The United States deeply appreciates Pakistan's
engagement on counterterrorism and trade."
Before President Donald Trump's administration,
Islamabad's relationship with Washington had cooled in recent years, as the US
drew closer to Pakistan's traditional adversary India to counter China's rise,
among other factors.
Washington also resented Islamabad over Afghanistan,
especially under former President Joe Biden's administration, which oversaw a
chaotic withdrawal from Afghanistan and the takeover of the country by the
Taliban insurgency that Washington accused Islamabad of backing. Pakistan
denied the charge.
In recent months, Washington's ties with Islamabad have
improved. Trump took credit for a ceasefire between India and
Pakistan after the Asian neighbors engaged in hostilities in May following an
April attack in India-administered Kashmir.
Pakistan praised Trump while India maintained that New Delhi
and Islamabad should resolve their issues directly without outside involvement.
The US and Pakistan held the latest round of counterterrorism
talks in Islamabad on Tuesday. Washington has designated separatist
militant group Baluchistan Liberation Army as a "foreign terrorist
organization."
"The US-Pakistan counterterrorism dialogue joint
statement is one of the most positive and effusive I've seen from these two
countries on CT for quite a few years," Michael Kugelman, a
Washington-based South Asia analyst and writer for Foreign Policy magazine,
said.
No comments:
Post a Comment