Imran Khan’s US visit important for Economy

Karachi, July 19, 2019: Prime Minister Imran Khan’s visit to the USA is being considered very important for Economy and Markets. Imran Khan is scheduled to meet US President Trump on 22nd July during his visit to the US from 21-23 July 2019.

This will be Imran Khan’s first visit to the US since assuming power last year. This visit is taking place after a long wait as both sides calibrate their relations to find common grounds, analysts at Topline said.

According to an official statement, “President Trump and PM Imran Khan will discuss a range of issues, including counter-terrorism, defence, energy and trade, with the goal of creating the conditions for a peaceful South Asia and an enduring partnership between our two countries”.

Pakistan PM is expected to meet 50 Congress members, corporate leaders, and other Pakistan diasporas as per the media reports. The visit is crucial as it seems to push the Afghan peace process to a conclusion. Furthermore, the arrest of the founder of Lashkar-e-Tayyaba and Pak India talks on Kartarpur corridor are appreciated by the US owing to its own significance for stability in the region.

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A successful visit can have a far-reaching impact on Pakistan economy that is passing through a crisis like situation triggered by falling FX reserves and low tax collection. A resumption of military and non-military aid, along with pending CSF payment, in-line with past trend could help Pakistan’s external account.

Afghan region’s solution will help improve the relationship and attract much needed US investment in Pakistan. US has remained amongst the largest investor in Pakistan both in FDI and portfolio investment.

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