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Pakistan welcomes US EXIM Bank financing framework proposal

· · 1 min read
Pakistani Finance Minister Aurangzeb visits U.S.
Pakistani Finance Minister Muhammad Aurangzeb and U.S. Treasury Secretary Scott Bessent shake hands as they meet in Washington, D.C., U.S., July 21, 2026. Ministry of Finance/Handout via REUTERS THIS IMAGE HAS BEEN SUPPLIED BY A THIRD PARTY. MANDATORY CREDIT. NO RESALES. NO ARCHIVES. BEST QUALITY AVAILABLE

July 22 (Reuters) - Pakistan welcomed the U.S. EXIM Bank's proposal of developing a broader framework to consolidate priority projects, establish a multi-year transaction pipeline, and facilitate U.S. financing, the country's finance ministry said on Wednesday. Pakistan's finance minister Muhammad Aurangzeb met with U.S. EXIM Bank President and Chairman, John Jovanovic, in Washington, the

July 22 (Reuters) - Pakistan welcomed the U.S. EXIM Bank's proposal of developing a broader framework to consolidate priority projects, establish a multi-year transaction pipeline, and facilitate U.S. financing, the country's finance ministry said on Wednesday.

Pakistan's finance minister Muhammad Aurangzeb met with U.S. EXIM Bank President and Chairman, John Jovanovic, in Washington, the ministry said in post on X.

"Both sides agreed to identify near-term transactions, designate focal persons, and work towards finalizing the strategic framework, with a view to having it signed on the sidelines of the United Nations General Assembly session in September 2026." the ministry added.

Pakistani Finance Minister Aurangzeb visits U.S.
Pakistani Finance Minister Muhammad Aurangzeb and U.S. Treasury Secretary Scott Bessent shake hands as they meet in Washington, D.C., U.S., July 21, 2026. Ministry of Finance/Handout via REUTERS THIS IMAGE HAS BEEN SUPPLIED BY A THIRD PARTY. MANDATORY CREDIT. NO RESALES. NO ARCHIVES. BEST QUALITY AVAILABLE

(Reporting by Gursimran Kaur in Bengaluru)

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