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Copyright © 2024 Strategic Research institute
AmericasNEWSPakistan

US offers strong support to rebuild Pakistan’s economy

SRI NewsDesk
By SRI NewsDesk Published May 18, 2022
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WASH­­INGTON/ ISLAMABAD: Hou­rs after Foreign Minister Bilawal Bhutto-Zardari arrived in New York on Tuesday for a series of meetings with US Secretary of State Antony Blinken, a State Department prophet assured Pakistan of strong US support for their sweats to rebuild the Pakistani frugality.

The United States “ will continue to work bilaterally on ways to grow investment and trade openings to make a prosperous and stable Pakistan,” the prophet told Dawn in Washington.

The United States also “ welcomes the ongoing International Monetary Fund (IMF) reflections with Pakistan,” the prophet added.

Also, IMF sources in Washington verified that Pakistan and the IMF would start their review addresses in Doha on Wednesday ( moment) to strike a staff- position agreement for the release of a$ 1 billion tranches under an Extended Fund Facility (EFF).

The week-long review will be an occasion for Pakistan to move the IMF to revive a stalled$ 6bn package for stabilizing its cash-starved frugality.

A public expression of US support would boost Islamabad’s sweats to revive the program and could smooth bullish request trends as well.

The prophet also verified media reports of a one-on-one meeting between Secretary Blinken and Mr. Bhutto-Zardari.

“ We confirm Secretary Blinken and Foreign Minister Bhutto-Zardari will meet one-on-one and cover a number of bilateral enterprises in a follow-up to their May 6 call,” the US functionary said.

Before, the foreign minister told intelligencers in New York that he’d partake in Pakistan’s perspective on colorful issues with the transnational community in his UN engagements.

Mr. Bhutto-Zardari is attending a UN clerical meeting of the Global Food Security Call for Action and the Security Council’s open debate on the conservation of transnational peace, with a focus on conflict and food security.

The US charge to the United Nations initiated both meetings to punctuate how the Feb 24 Russian irruption of Ukraine was hanging on global food security.

“ We’re then to partake in Pakistan’s communication with the United Nations,” said Mr. Bhutto-Zardari while talking to a group of Pakistani intelligencers at New York’s JFK field.

The PTI had before planned a kick on his appearance but latterly they canceled the program. Indeed PML-N sympathizers stayed down from the small PPP crowd that gathered at the field to drink their leader.

The foreign minister took an Emirates flight, which was delayed by a medical exigency. Mr. Bhutto-Zardari’s cortege included an elderly functionary from his ministry and some members of his particular staff. He was entered by Ambassador Munir Akram, Pakistan’s Permanent Representative to the UN, its US envoy Ambassador Masood Khan and other elderly officers of the two operations.

Renewal of ties with the US

Speaking about Mr. Bhutto-Zardari’s demoiselle functionary visit to the US, other forthcoming overseas passages, and the external policy precedences of the new government at the Foreign Office in Islamabad, Minister of State for Foreign Affairs Hina Rabbani Khar told the media the government was committed to the renewal of ties with the US.

She said Mr. Bhutto-Zardari’s meeting with Secretary Blinken provides “ a useful occasion” for strengthening bilateral engagement with the US.

Participating in the broader silhouettes of foreign policy operations under the new minister, Ms. Khar said promoting public interest would be the foremost precedence; trust and confidence with mates would be rebuilt; old gemütlichkeit would be consolidated and new bones would be forged; stability and durability in programs would be handed while retaining the inflexibility to acclimatize as needed; focus would be on the immediate neighborhood as well as on balanced, objective, broad- grounded, mutually salutary relations with major powers.

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