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Pakistan Economic Stability Important for Central Asia Security, US Says

admin-augaf by admin-augaf
March 9, 2023
in Business, Finance, International, News, Politics
Reading Time: 3 mins read
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Pakistan Economic Stability Important for Central Asia Security, US Says

U.S. State Department spokesperson Ned Price speaks during a news conference in Washington, U.S. March 10, 2022. Manuel Balce Ceneta/REUTERS/AUGAF

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Washington DC March 9 2023: US is working with Pakistani Partner international financial institutions including the IMF to put itself on a sustainable growth path, according to US State Department.

US states Department spokesperson said “we are a partner to Pakistan. We have been there for Pakistan since its independence. We seek a stable, peaceful, and prosperous Pakistan. We know that the Pakistani people are facing tremendous hardship, including economic hardship. We continue to look for ways in which we can support the Pakistani people to rebuild and to deepen the economic partnership that has existed with the United States over the course of decades now.”

“We are working with our Pakistani partners. Of course, Pakistan in turn is also working with international financial institutions, the IMF, to put itself on a sustainable growth path. But when it comes to economic challenges, when it comes to security challenges, when it comes to political challenges, the United States is ready and able to continue to be a partner to the people of Pakistan and to our Pakistani counterparts as well.”

“Ultimately it’s going to have to be decisions on the part of our Pakistani counterparts to unlock this IMF funding. We encourage Pakistan to continue working with the IMF, especially on reforms that will improve Pakistan’s business environment. We believe that doing so – and the IMF believes this – will make Pakistani business more competitive, will also help Pakistan attract high-quality investment.”

“But more value than the potential investment dollars are the technologies, are the market connections and management systems that accompany foreign investment. They improve the competitiveness of partnering Pakistani firms, fueling economic growth that increases employment and household incomes. We believe that by continuing down this path and continuing to make the necessary decisions – economic decisions – that Pakistan can put itself, with the support of the international community, of course with the support of the United States, on a path to sustainable growth” he added.

“The U.S.-Pakistan counterterrorism dialogue provides an opportunity for the United States and Pakistan to – for the United States to convey our willingness to work with Pakistan to address terrorist threats and counter violent extremism, the threats that are in the region, the threats that have the potential to transcend the region as well. We have a shared interest in combating threats to regional security. The goal of a stable and secure South and Central Asia, free from terrorism, depends on the strength of, in large part, our partnership with Pakistan”

says NED Price US Department of State Spokesperson

He says, “The dialogue is a testament to our shared commitment to resilient security relationship and an opportunity for candid discussion on steps we can take together to counter all terrorist groups that threaten regional and global stability. The United States seeks to expand our partnership to address these challenges. Any group that threatens regional and global stability of course is a concern to us. It is something that we discuss in the context of this counterterrorism dialogue.”

We are aware of reports about clashes in Lahore ahead of a planned rally by former Pakistani Prime Minister Imran Khan. We encourage all to exhibit restraint. We offer our condolences to the families of those who lost their lives and wish a speedy recovery to those who were injured in this. Democracy is a constant topic of discussion with our counterparts around the world, including in Pakistan, the importance of upholding the universal rights of citizens around the world, including the right to peaceful assembly.

Tags: US Pakistan RelationshipUS State Department
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