Pakistan to hold US trade forum on March 31, invites American commerce secretary’s office

Finance Minister of Pakistan, Muhammad Aurangzeb (second-left), shaking hands with Commerce Secretary Howard Lutnick (second-right) in Washington, US, on February 21, 2026. (PID)
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Updated 21 February 2026
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Pakistan to hold US trade forum on March 31, invites American commerce secretary’s office

  • Finance Minister Muhammad Aurangzeb meets Commerce Secretary Howard Lutnick in Washington
  • Both sides reaffirm commitment to enhance engagement in trade and investment in coming months

KARACHI: Pakistan will organize a trade and investment forum in the United States on March 31, said an official statement on Saturday, with Finance Minister Muhammad Aurangzeb seeking US government participation during talks with Commerce Secretary Howard Lutnick in Washington.

Pakistan has intensified economic diplomacy with the US as it seeks to enhance its exports, attract foreign investment and stabilize its economy under an International Monetary Fund-backed reform program.

Last year in July, the two sides reached a bilateral trade deal that involved reciprocal tariff reductions. Both countries have also increased diplomatic contacts alongside engagements on trade, minerals, security cooperation and regional stability in recent months.

“Finance Minister appreciated the role of US Chamber of Commerce in organizing US Pakistan Trade and Investment Forum on 31st March, 2026 which would be attended by renowned companies from both countries besides Ministerial representation from Pakistan and USA,” said the statement circulated by the Finance Division in Islamabad after Aurangzeb’s meeting with Lutnick.

“Finance Minister expressed the hope that the office of US Commerce Secretary would also participate in the same,” it added.

Earlier this week, Prime Minister Shehbaz Sharif met senior US officials in Washington, including Secretary of State Marco Rubio and International Development Finance Corporation (DFC) Chief Executive Benjamin Black, to discuss cooperation in critical minerals, energy and counterterrorism.

Last year in October, Pakistan dispatched its first shipment of rare earth and critical minerals to the US under a $500 million framework agreement between US Strategic Metals and Pakistan’s Frontier Works Organization.

The Finance Division said both sides reiterated their commitment during Aurangzeb’s meeting with Lutnick to further engagement on investment in major projects in the coming months.
 


Pakistani man on trial over Trump assassination plot with ties to Iran— US prosecutors

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Pakistani man on trial over Trump assassination plot with ties to Iran— US prosecutors

  • Asif Merchant, 47, met with men in New York in 2024 he thought he was recruiting to carry out political assassinations, prosecutors say
  • Merchant is a deeply religious man who frequently traveled to Iran and Pakistan to meet his separate families, his lawyers say 

NEW YORK: The trial began this week of a Pakistani man who US prosecutors say had ties to the Iranian government and traveled to New York to meet with men he thought he was recruiting to carry out political assassinations on American soil, including potentially of President Donald Trump.

Asif Merchant, 47, faces a life sentence if he’s convicted of “terrorism” charges. His trial got underway Wednesday in a federal court in Brooklyn.

Prosecutors said in court filings that a man who Merchant initially met when he arrived in New York in April 2024 later notified authorities about the plot and became a confidential informant, The New York Times reported. Merchant later paid a $5,000 advance to two would-be assassins who were actually undercover FBI agents, prosecutors said.

At the time, Merchant did not specify who the target would be, but court filings show the potential targets included high-level officials such as Trump.

Merchant, who has maintained his innocence, is a deeply religious man who frequently traveled to Iran and Pakistan, where he has separate families, which his lawyers noted is legal in both countries he calls home. They told jurors Wednesday that there was simply not enough evidence to show their client was involved in some type of plot.

Prosecutors told jurors that Merchant sketched out his plans by putting objects on a hotel napkin to represent people and places in a potential assassination plot, including the target, crowd and buildings. The killing would have occurred during the run-up to the 2024 presidential election.

The FBI has foiled several alleged attacks through sting operations in which agents posed as terror supporters, supplying advice or equipment. Critics say the strategy can amount to entrapment of mentally vulnerable people who wouldn’t have the wherewithal to act alone.