In recent months, Pakistan has entered a renewed phase of engagement with the United States, characterised by expanding bilateral economic cooperation and commitments of investment in the country’s mining and energy sectors.
Islamabad’s participation in the Gaza peace accord brokered by Washington has also strengthened political and diplomatic collaboration between the two nations.
Pakistan’s renewed outreach to the US is hardly surprising given its trade dynamics. The US remains its single largest export market after Europe, where Pakistan maintains a consistent trade surplus; for a long time, it also was a major source of foreign direct investment in the country alongside the European Union and the United Kingdom until China replaced it with large investments in energy, port and transport infrastructure under the China Pakistan Economic Corridor (CPEC) during the last decade.
Not just that, analysts say, Washington’s support has traditionally been considered crucial, given Islamabad’s continued reliance on
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