Pakistan and the US have concluded a critical round of trade negotiations, reaching an understanding on a deal that could shape the future of the country’s key export sectors.
The agreement is expected to prevent the re-imposition of a 29% tariff on Pakistani exports, primarily textiles and agricultural products.
The deal could lead to increased Pakistani imports of US goods, potential American investment in sectors like mining, energy, and infrastructure, and expanded engagement through the US Export-Import Bank.
Officials remain optimistic that the agreement will sustain Pakistan's access to the US market and help reset bilateral economic ties strained since high tariffs were introduced during the Trump administration.