US Exim Bank
Coverage of US Exim Bank in the Nexus archive.
- Dar says Pakistan 'confident' bilateral trade with US can double to $20bn in next 5 years
Pakistan's Deputy Prime Minister and Foreign Minister Ishaq Dar expressed confidence that bilateral trade with the United States could double to $20 billion in five years, citing current trade at $9.4 billion and opportunities in sectors like energy, technology, and agriculture. He highlighted initiatives such as the Special Investment Facilitation Council to streamline investments and strengthen economic ties.
- US technology firm proposes refinery modernisation plan for Pakistan in meeting with finance minister
The US-based Honeywell Technologies proposed a refinery modernisation and expansion plan to Pakistan's Finance Minister Muhammad Aurangzeb during a meeting in Washington. Discussions focused on enhancing domestic refining capacity, reducing reliance on imported petroleum, and securing financing through US institutions like the US Exim Bank and DFC. The initiative aims to support Pakistan's energy security and economic growth as part of broader US-Pakistan economic cooperation talks.