Pakistan and the U.S. on Friday officially started bilateral talks aimed at lowering reciprocal tariffs and strengthening trade ties.
The discussion between Pakistan’s Federal Finance Minister Muhammad Aurangzeb and U.S. Trade Representative Ambassador Jamieson Greer signaled the start of what both parties described as a promising discussion.
According to a statement from the Ministry of Finance, the two leaders spoke via telephone and video conference in a constructive and cooperative environment.
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This initial exchange is seen as a key step toward building stronger Pakistan-US trade relations, especially at a time when Pakistan is actively working with global financial institutions to secure long-term economic stability.
The key to the discussion was to find common ground to remove trade obstacles and resolve tariff issues that long plagued the true potential of Pakistan-US relations. Both parties concurred to commence technical-level talks in the coming weeks to explore more in-depth ways of solving the issues at hand.
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The finance ministry highlighted that both parties expressed a strong commitment to completing the talks efficiently and achieving tangible outcomes. These talks are part of a broader strategy by the Pakistani government to unlock new markets and encourage foreign trade through strategic partnerships.
As talks continue, both countries’ stakeholders remain optimistic that the agreement will lay the ground for a more even and more advantageous trade regime. The boost in Pakistan-US trade may create new opportunities for both sides’ exporters, investors, and consumers.
