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Business & Finance

Aurangzeb meets Saudi Fund Chief Al-Marshad, US Trade Representative Greer

Published Updated
Aurangzeb meets Saudi Fund Chief Al-Marshad, US Trade Representative Greer

Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb held separate meetings with the Chief Executive Officer of the Saudi Fund for Development (SFD), Sultan bin Abdulrahman Al-Marshad, and the United States Trade Representative (USTR), Ambassador Jamieson Greer, on the sidelines of the World Bank-IMF Spring Meetings 2026.

As per the Ministry of Finance, during his meeting with Al-Marshad, Aurangzeb thanked the Saudi Fund for Development for its continued support and for its development cooperation with the Government of Pakistan.

The two sides also discussed the implications of the ongoing conflict in the Middle East on global energy security and its potential economic impact.

READ MORE: Aurangzeb meets IMF’s Jihad, review progress on reforms, revenue mobilization

“The finance minister expressed hope for an early resolution of the conflict and emphasised the importance of continued cooperation between Pakistan and Saudi Arabia,” said the press release.

Both sides also reaffirmed the strong and longstanding partnership between the two countries and “their shared commitment to further strengthening economic and development cooperation”.

Finance minister meets US Trade Representative

Meanwhile, Aurangzeb also met with the United States Trade Representative (USTR) Ambassador Jamieson Greer.

He underscored the importance of strengthening Pakistan-United States economic relations, particularly through enhanced trade and investment flows.

“He emphasised Pakistan’s commitment to fostering a conducive business environment and improving market access to support sustainable economic partnerships,” the press release said.

During the meeting, the two sides engaged in constructive discussions on advancing bilateral trade and investment, including exploring opportunities to expand market access for exports, facilitate greater investment flows, and deepen commercial linkages between the two countries.

“The two sides expressed satisfaction over the steady progress in ongoing trade negotiations and acknowledged the positive momentum in bilateral economic engagement.

They reaffirmed their shared commitment to further strengthening cooperation, with a focus on achieving mutually beneficial outcomes and supporting long-term economic growth.”

World Bank Group-IMF Spring Meetings 2026

Aurangzeb departed on Saturday for the US to participate in the World Bank Group–IMF Spring Meetings 2026.

During his visit, the finance minister will represent Pakistan at important events organised by the International Monetary Fund (IMF) and the World Bank Group, and will participate in a wide range of multilateral and bilateral engagements with global financial leaders, development partners, and policymakers, read an official statement on Saturday.

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