Islamabad: Pakistan and the United States are on the verge of finalizing a major trade agreement, with officials from both countries confirming that negotiations will conclude by next week. The breakthrough came after a virtual meeting between Federal Finance Minister Senator Muhammad Aurangzeb and US Secretary of Commerce Howard Lutnick, where key issues, including reciprocal tariffs, were discussed.
Both sides expressed satisfaction with the progress made so far and agreed to resolve the remaining technical details in the coming days. The Ministry of Finance stated that the agreement would be signed shortly, marking a significant step forward in Pakistan-US economic relations. Officials emphasized that the deal would bring fresh momentum to bilateral ties while ensuring mutual benefits.
Sources revealed that the negotiations also explored potential collaboration in various sectors, signaling broader economic engagement between the two nations. The final agreement is expected to enhance trade, encourage investment, and strengthen overall economic partnership.
Once implemented, the deal could open new avenues for Pakistani exports and attract US investment in key industries. This development comes at a crucial time as Pakistan seeks to expand its trade footprint globally. With both sides optimistic about the outcome, the agreement could pave the way for deeper economic cooperation in the future.