KEY POINTS ON PAKISTAN From the President's meeting with President
Musharraf
Pakistan and the United States are working together
closely on common challenges. Both countries are threatened by global
terror and are determined to defeat it. Pakistan's support was
essential in the campaign against the Taliban in Afghanistan.
As
part of the Global War on Terrorism, Pakistan has apprehended more than
500 Al Qaeda and Taliban terrorists.
The United States has
cancelled $1 billion of debt owed by Pakistan.
The Administration
will work with Congress to provide $3 billion in development and
security assistance to Pakistan over five years, in annual installments
of $600 million.
In addition, the Administration has requested
$120 million in FY 2004 for Pakistan in development assistance, health,
law enforcement, and other programs.
A Trade and Investment
Framework Agreement will be concluded to create a formal structure that
will expand our bilateral economic partnership and promote investment.