Pakistan and the United States on Wednesday agreed to finalise the trade agreement, with both sides confident in signing the agreement next week.
According to the Ministry of Finance, a virtual meeting was held between Finance Minister Senator Muhammad Aurangzeb and US Secretary of Commerce Howard Lutnick on reciprocal tariffs, in which an agreement has been reached to complete the agreement next week as part of the progress in trade talks between the two countries.
The new Pakistan-US trade agreement, due for signing later, is likely to form the pillars of a comprehensive economic partnership through mutual interests. The agreement would seek to boost cooperation between the two nations in the main areas like trade, investment, and strategic development. Authorities confirmed that all aspects of the areas of common concern, including investment and strategic sectors, would be incorporated in the partnership.
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What is even more significant about this development is the focus on enhancing equal opportunities for the two nations. The discussions have been geared toward deepening economic relationships and designing an evened-out platform for greater interaction. As a measure in this initiative, technical-level negotiations are to be concluded over the next few days.
With both nations keen to finalize the deal as soon as possible, the Pakistan-US trade agreement is being seen as a move towards greater economic and diplomatic engagement. It’s not about figures—it’s about developing a significant relationship that benefits long-term objectives of both countries.
