Pakistan Secures Major Trade Deal with US

Published on 7.31.25

  Pakistan Secures Major Trade Deal with US: Key Points Pakistan's Finance Minister Muhammad Aurangzeb reached a breakthrough in trade talks with the US, securing a deal that includes investments in energy, mineral and mining, IT, and the new economy. The agreement aims to reduce reciprocal tariffs on Pakistani exports to the US, boost bilateral trade, improve market access, attract investment, and strengthen cooperation in areas such as energy, minerals, information technology, and cryptocurrency. Pakistan's oil reserves are set to be developed by the US, with a leading oil company expected to be chosen soon. The deal comes after a 90-day tariff suspension on Pakistani exports to the US, initiated by President Donald Trump. Pakistani Prime Minister Imran Khan has hailed the agreement as historic, thanking President Trump for his support.

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