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US to provide $1.6 bn aid to Pakistan to fight terror

Washington: The US justified plans to release more than $1.6 billion in aid to Pakistan saying it was doing so partly to build Islamabad's counterinsurgency and counterterrorism capabilities "encouraged by an improvement in bilateral ties"."This

India TV News Desk India TV News Desk Updated on: October 22, 2013 12:27 IST
"Discussions covered a broad range of domestic and regional issues, including peace and security, counterterrorism cooperation, collaboration on Pakistan's energy sector, increasing bilateral trade and investment, and the common interest in a secure and stable Afghanistan.



"Both sides agreed on the importance of our continued counterterrorism cooperation, and that extremism is countered in part by opportunities arising from greater economic stability," the statement added.

"To that end, the US, Pakistan's largest trading partner, remains committed to an economic relationship increasingly based on trade and investment."

Sharif Monday also met with US Energy Secretary Ernest Moniz and US Trade Representative Michael Froman and addressed a gathering of business leaders at the US-Pakistan Business Council.
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