logo
Trump expressed keen interest in trade partnership with Pakistan: Pak Army

Trump expressed keen interest in trade partnership with Pakistan: Pak Army

US President Donald Trump has expressed "keen interest" in developing a "mutually beneficial" trade partnership with Pakistan based on long-term strategic convergence and shared interests, the army here said on Thursday.
In a statement after a meeting between Trump and Pakistan Army Chief Asim Munir at the White House Wednesday, the Inter-Services Public Relations (ISPR) - the media wing of the Pakistan Army - said they also discussed joint counterterrorism efforts.
During the high-level engagement, the discussions also encompassed avenues for expanding bilateral cooperation in multiple domains, including trade, economic development, mines and minerals, artificial intelligence, energy, cryptocurrency, and emerging technologies, the ISPR said.
"President Trump expressed keen interest in forging a mutually beneficial trade partnership with Pakistan based on long-term strategic convergence and shared interests," said the statement.
In the first formal reaction by the Pakistan government, Defence Minister Khawaja Asif on Thursday said the meeting between Army Chief Munir and President Trump helped to highlight the Pak-India conflict.
In a post on X, Asif said the meeting is a milestone in Pak-US relations because this is the first time that a US President has invited and met a Pakistani Army Chief.
Describing the Trump-Munir meeting as the most important turning point in the 78-year history of relations, Asif said the development is the success of the current hybrid model of governance, involving the elected government and the army.
His comments seem to be a departure from the past when political parties demanded non-interference of the army in political affairs.
The Chief of Army Staff conveyed the deep appreciation of the Government and people of Pakistan for President Trump's constructive and result-oriented role in facilitating a ceasefire between Pakistan and India in the recent regional crisis, the ISPR said.
He acknowledged President Trump's statesmanship and his ability to comprehend and address the multifaceted challenges faced by the global community, the statement added.
President Trump, in turn, lauded Pakistan's ongoing efforts for regional peace and stability, and appreciated the robust counter-terrorism cooperation between the two states, the ISPR said.
Both sides reaffirmed their commitment to continued collaboration in the field of counter-terrorism, it added.
Secretary of State Marco Rubio and US Special Representative for the Middle East Steve Witkoff accompanied Trump. Munir was joined by National Security Advisor Lt Gen Asim Malik, who is also the head of the intelligence agency ISI. No senior civilian official from Pakistan was present.
A detailed exchange of views also took place on the prevailing tensions between Iran and Israel, with both leaders emphasising the importance of resolution of the conflict, the ISPR said.
President Trump commended Munir's leadership and decisiveness during a period of complex regional dynamics, it said.
In a "gesture reflecting the warmth of bilateral ties", Munir extended an invitation to President Trump, on behalf of the Government of Pakistan, to undertake an official visit to Pakistan at a mutually convenient date, the statement said.
Although initially scheduled for one hour, the meeting was extended for over two hours, underscoring the depth and cordiality of the dialogue, it added.
The engagement marks a significant moment in the ongoing efforts to reinforce the longstanding partnership between Pakistan and the United States, built upon shared objectives of peace, stability, and prosperity, according to the statement.
Separately, President Trump said it was an honour for him to meet the Chief of Army Staff during a luncheon held at the Cabinet Room in the White House, the first-ever such honour for any Pakistani army chief.
It is rare for the US president to host a lunch for an army chief of a foreign country. There have been precedents of Pakistan army chiefs, including Ayub Khan, Zia ul-Haq and Pervez Musharraf, receiving such invites. But they were holding the post of president as well.
Speaking to the media after the event, Trump extended his gratitude to Pakistan's military chief for visiting and acknowledged his role in helping stop war with India.
I was honoured to meet him (Field Marshal Munir) today, Trump said. I invited him to thank him for not going to war. He deserves appreciation for helping secure the ceasefire.
When asked if the talks included the Iran-Israel conflict, Trump said: They (Pakistan) know Iran very well, better than most, and they're not happy about anything. It's not that they're bad with Israel. They know them both, actually, but they know Iran better." According to experts, the meeting was a significant boost for relations between the two countries, which had been under strain for years due to suspicion in the US that Pakistan failed to help it stabilize Afghanistan, which resulted in a hasty withdrawal from the country in 2021.
The meeting comes after the recent tension with India and Trump umpteen times took credit for stopping the war for which Pakistan thanked him for his role.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

India-UK FTA: Tariff cuts likely to weigh on Customs duty collections
India-UK FTA: Tariff cuts likely to weigh on Customs duty collections

Business Standard

time23 minutes ago

  • Business Standard

India-UK FTA: Tariff cuts likely to weigh on Customs duty collections

For FY26, the Centre has budgeted Customs revenues to grow only 2.1 per cent to ₹2.4 trillion premium Asit Ranjan Mishra New Delhi Listen to This Article The India-UK free-trade agreement (FTA), under which New Delhi has agreed to reduce the weighted average tariff from 15 per cent to 3 per cent over a period of 10 years, may adversely affect Customs duty collections. However, economists believe the overall revenue impact could still be positive, driven by higher exports and increased economic activity. According to Global Trade Research Initiative (GTRI) calculations, India's revenue forgone in the first year of the agreement is estimated at ₹4,060 crore. 'By the 10th year, as tariff elimination phases in more broadly, the annual loss is projected to rise to ₹6,345 crore,

After Trump Mediation Efforts, Thai, Cambodian Leaders Agree To Talks Over Border Dispute
After Trump Mediation Efforts, Thai, Cambodian Leaders Agree To Talks Over Border Dispute

NDTV

time27 minutes ago

  • NDTV

After Trump Mediation Efforts, Thai, Cambodian Leaders Agree To Talks Over Border Dispute

Thai and Cambodian leaders will meet in Malaysia for talks to end hostilities, a spokesperson of the Thai prime minister's office said on Sunday. This came following mediation efforts by US President Donald Trump to end the deadly border dispute. The fighting, now in its fourth day, has killed at least 34 people and displaced more than 168,000. Jirayu Huangsap said Acting Prime Minister Phumtham Wechayachai will attend Monday's talks in response to an invitation from Malaysian Prime Minister Anwar Ibrahim "to discuss peace efforts in the region." The spokesperson also said Phumtham's Cambodian counterpart Hun Manet will also attend the talks, though this was not immediately confirmed by the Cambodian side. Trump posted on Truth Social on Saturday that he spoke to the leaders of Thailand and Cambodia and suggested he would not move forward with trade agreements with either country if the hostilities continued. He later said both sides agreed to meet to negotiate a ceasefire. Cambodian Prime Minister Hun Manet said Sunday his country agreed to pursue an "immediate and unconditional ceasefire." He said Trump told him that Thailand had also agreed to halt attacks following Trump's conversation with Acting Thai Prime Minister Phumtham Wechayachai. "This is positive news for the soldiers and people of both countries," Hun Manet said in a statement. He said he tasked his deputy, Foreign Minister Prak Sokhonn, to coordinate next steps with US Secretary of State Marco Rubio and to engage directly with Thailand's foreign minister to implement the ceasefire. Thailand expressed cautious support. Phumtham thanked Trump and said that Thailand agreed in principle to a ceasefire but stressed the need for "sincere intention" from Cambodia, the Thai Foreign Ministry said. Phumtam called for swift bilateral talks to discuss concrete steps toward a peaceful resolution, it said. The fighting first flared Thursday after a land mine explosion along the border wounded five Thai soldiers. Both sides blamed each other for starting the clashes. Both countries recalled their ambassadors and Thailand closed its border crossings with Cambodia. Despite the diplomatic efforts, fighting continued Sunday along parts of the contested border, with both sides refusing to budge and trading blame over renewed shelling and troop movements. Col. Richa Suksowanont, a Thai army deputy spokesperson, said Cambodian forces fired heavy artillery into Surin province, including at civilian homes early Sunday. He said Cambodia also launched rocket attacks targeting the ancient Ta Muen Thom temple claimed by both countries, and other areas in a bid to reclaim territory secured by Thai troops. Thai forces responded with long-range artillery to strike Cambodian artillery and rocket launchers. Richa said Trump's efforts to mediate was a "separate matter." The battlefield operations will continue and a ceasefire can only happen if Cambodia formally initiates negotiations, he added. "Any cessation of hostilities cannot be reached while Cambodia is severely lacking in good faith and repeatedly violating the basic principles of human rights and humanitarian law," Thailand's Foreign Ministry said separately. Cambodian Defense Ministry spokesperson Lt. Gen. Maly Socheata accused Thai forces of escalating the violence with bombardment of Cambodian territory early Sunday, followed by a "large-scale incursion" involving tanks and ground troops in multiple areas. "Such actions undermine all efforts toward peaceful resolution and expose Thailand's clear intent to escalate rather than de-escalate the conflict," she said. Thailand on Sunday reported a new death of a soldier, bringing the total number of fatalities to 21, mostly civilians. Cambodia said 13 people have been killed. More than 131,000 people in Thailand have evacuated to safe locations and over 37,000 people fled from three Cambodian provinces. Many border villages are mostly deserted, with many schools and hospitals shut. Pichayut Surasit, an air-conditioning technician in Thailand, said the sudden outbreak of fighting meant leaving his work in Bangkok to return home to protect his family. "I didn't have the heart to continue with my work when I heard the news. I wanted to come back as soon as possible, but I had to wait until the evening," he said. Now at a shelter in Surin housing some 6,000 evacuees, Pichayut worries for his wife and twin daughters, hoping the conflict will end soon so they can return to their home in Kap Choeng district, one of the hardest hit by shelling. Bualee Chanduang, a local vendor who moved to the same shelter Thursday with her family and pet rabbit, is counting on swift negotiations to end the violence. "I pray for God to help that both sides can agree to talk and end this war," she said. The U.N. Security Council has called on the Association of Southeast Asian Nations, a regional bloc, to mediate peace between the two members. Human Rights Watch has condemned the reported use of cluster munitions, weapons banned by International law, in populated areas, and urged both governments to protect civilians. The 800-kilometer (500-mile) frontier between Thailand and Cambodia has been disputed for decades, but past confrontations have been limited and brief. The latest tensions flared in May when a Cambodian soldier was killed in a confrontation that created a diplomatic rift and roiled Thailand's domestic politics.

US, EU reach an across the board agreement on tariffs
US, EU reach an across the board agreement on tariffs

News18

time32 minutes ago

  • News18

US, EU reach an across the board agreement on tariffs

Edinburgh(UK), Jul 27(AP) The United States and the European Union reached a tariff deal Sunday after a brief meeting between President Donald Trump and European Commission chief Ursula von der Leyen. A White House deadline was days away for imposing punishing import taxes on the 27-member EU, which is America's leading global trading partner. 'It was a very interesting negotiation. I think it's going to be great for both parties," Trump said. The make-or-break talks were meant to head off trade penalties — and promised retaliation from Europe — that could have sent shock waves through economies around the globe. Trump and von der Leyen held private talks at one of Trump's golf courses in Scotland, then emerged a short time later saying they had reached an 'across the board" agreement. In remarks before the session, Trump pledged to change what he characterised as 'a very one-sided transaction, very unfair to the United States." 'I think the main sticking point is fairness," he said while also noting, 'We've had a hard time with trade with Europe, a very hard time." Von der Leyen had said the US and EU combined have the world's largest trade volume, encompassing hundreds of millions of people and trillions of dollars. Trump said the stakes involved meant of making a deal, 'We should give it a shot." Von der Leyen said Trump was 'known as a tough negotiator and dealmaker" which caused the president to interject with "but fair." She said that, if they are successful, 'I think it would be the biggest deal each of us has ever struck." For months, Trump has threatened most of the world with large tariffs in hopes of shrinking major US trade deficits with many key trading partners. More recently, he had hinted that any deal with the EU would have to 'buy down" the currently scheduled tariff rate of 30 per cent. The Republican president pointed to a recent US agreement with Japan that set tariff rates for many goods at 15 per cent and suggested the EU could agree to something similar. Asked if he would be willing to accept tariff rates lower than that, Trump said 'no." As for the threat of retaliation from the Europeans, he said: 'They'll do what they have to do." Their meeting came after Trump played golfed for the second straight day at his Turnberry course, this time with a group that included sons Eric and Donald Jr The president's five-day visit to Scotland is built around golf and promoting properties bearing his name. A small group of demonstrators at the course waved American flags and raised a sign criticizing British Prime Minister Keir Starmer, who plans his own Turnberry meeting with Trump on Monday. Other voices could be heard cheering and chanting 'Trump! Trump!" as he played nearby. On Tuesday, Trump will be in Aberdeen, in northeastern Scotland, where his family has another golf course and is opening a third next month. The president and his sons plan to help cut the ribbon on the new course. Joining von der Leyen were Maros Sefcovic, the EU's chief trade negotiator; Björn Seibert, the head of von der Leyen's Cabinet; Sabine Weyand, the commission's directorate-general for trade, and Tomas Baert, head of the trade and agriculture at the EU's delegation to the US. The deadline for the Trump administration to begin imposing tariffs has shifted in recent weeks but was now firm, the administration insisted. 'No extensions, no more grace periods. August 1, the tariffs are set, they'll go into place, Customs will start collecting the money and off we go," US Commerce Secretary Howard Lutnick told 'Fox News Sunday." He added, however, that even after that 'people can still talk to President Trump. I mean, he's always willing to listen." Without an agreement, the EU said it was prepared to retaliate with tariffs on hundreds of American products, ranging from beef and auto parts to beer and Boeing airplanes. If Trump eventually made good on his threat of tariffs against Europe, it could meant that everything from French cheese and Italian leather goods to German electronics and Spanish pharmaceuticals would be more expensive in the United States. The US and Britain, meanwhile, announced a trade framework in May and a larger agreement last month during the Group of Seven meeting in Canada. Trump says that deal is concluded and that he and Starmer will discuss other matters — though the White House has suggested it still needs some polishing. (AP) RD RD view comments First Published: July 27, 2025, 23:45 IST Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store