ISLAMABAD: Pakistan’s deputy prime minister and foreign minister, Ishaq Dar, and Egyptian FM Dr. Badr Abdelatty on Monday held a meeting in New York, where they agreed to strengthen bilateral cooperation in defense, trade and other key sectors, the Pakistani foreign ministry said.

The meeting took place on the sidelines of a high-level United Nations (UN) summit on Palestine, which is being co-chaired by Saudi Arabia and France on July 28-29.

Appreciating the continued collaboration at multilateral fora, FM Abdelatty congratulated Pakistan on assuming the Presidency of the UN Security Council for the month of July.

“The two leaders emphasized the importance of enhancing broad-based cooperation across various sectors, including medical, minerals, defense, trade, and investment,” the Pakistan foreign ministry said.

“They agreed on the need to strengthen connectivity between Pakistan and Egypt to promote economic integration and facilitate greater trade. Both sides also agreed to undertake high-level exchanges in the near future.”

Pakistan and Egypt have cordial ties and both countries have resolved in recent years to facilitate businessmen with visas, exchange trade-related information and promote private-sector contacts.

During Monday’s meeting, the two foreign ministers reiterated their unwavering support for the Palestinian people and their just cause, according to the Pakistani foreign ministry.

“The two ministers underscored the urgent need for unimpaired humanitarian access, an immediate cessation of Israeli hostilities, and expressed hope for a meaningful and constructive outcome of the International Conference on the Two-State Solution,” it added.

The UN conference is being held at a time of worsening humanitarian conditions in Gaza and France’s historic decision to formally recognize Palestine as a state.

The summit takes place a day after Israel declared a “tactical pause” in fighting in parts of Gaza, where more than 57,000 Palestinians have been killed since October 2023, saying it would allow the UN and aid agencies to open secure land routes to tackle a deepening hunger crisis.

Analysts say France’s move could tip the balance internationally. Already, 147 of 193 UN member states — nearly 75 percent — recognize Palestine, including nearly all of Asia, Africa, Latin America, and the Middle East. France would be the first G7 country to join that group, with the official declaration to be made at the UN General Assembly in September.

KARACHI: Finance Minister Muhammad Aurangzeb on Monday met with US Chargé d’Affaires Elizabeth Horst and discussed with her the potential of Pakistan’s information technology (IT), minerals and agriculture sectors for collaboration with the United States, the Pakistani finance ministry said.

The meeting served as an opportunity to exchange views on matters of mutual interest and to reaffirm the positive trajectory of bilateral relations between Pakistan and the United States.

Aurangzeb appreciated the continued US support for Pakistan’s development and macroeconomic stability achieved over the past year and a half, according to the Pakistani finance ministry.

“Aurangzeb underscored the importance of the US as Pakistan’s largest trading partner and highlighted Pakistan’s keen interest in broadening bilateral cooperation beyond traditional sectors,” his ministry said.

“He specifically pointed to the promising potential in information technology, minerals and agriculture as avenues for mutually beneficial collaboration.”

The US is Pakistan’s top export destination, with shipments totaling $5.44 billion in fiscal year 2023-2024, according to official data. From July 2024 to February 2025, exports rose 10 percent from a year earlier.

Both countries have been engaged in talks after Washington announced a 29 percent “reciprocal tariff” on Pakistani exports in April. Islamabad said the move, paused in June for a 90-day period, may undercut its fragile, export-led recovery.

Recalling his visit to the US this month, Aurangzeb shared insights from his productive meetings with US Secretary of Commerce Howard Lutnick and Trade Representative Ambassador Jamieson Greer in Washington, noting “encouraging progress” in deepening trade and economic ties between the two countries.

He also briefed Horst on Pakistan’s recent macroeconomic indicators, including sovereign rating upgrades and renewed investor confidence, according to the Pakistani finance ministry.

The US chargé d’affaires appreciated the economic progress and the government’s reform-driven approach, emphasizing the US commitment to strengthening economic and trade ties with Pakistan.

“She reiterated US support for continued economic and political stability in Pakistan, and expressed optimism for an enduring and robust business partnership between the two nations,” the Pakistani ministry said.

“The meeting concluded with a mutual commitment to building on the momentum of current engagements to further deepen bilateral cooperation.”