Pakistan and the United States have agreed to work on a new trade agreement. Pakistan’s Commerce Secretary, Jawad Paul, is leading the talks.
According to sources, the US is willing to invest between $500 million and $1 billion in Pakistan’s mineral sector.
Pakistan has shared several ideas to increase trade between the two countries. Diplomats say this new trade deal could start a stronger economic relationship between Pakistan and the US.
Pakistan and the US Plan New Trade Deal
Pakistan also aims to increase its textile exports to the US and is inviting American investors to expand their business into other areas.
Pakistan begins formal negotiations with the US over reciprocal tariffs.
Besides minerals, the US (under Trump’s policies) is also interested in Pakistan’s growing tech sector.
Pakistan is actively working to protect its trade interests, especially as global trade rules keep changing.
The US trade policies affect not just Pakistan, but also other major countries like India, China, the EU, and Gulf countries such as Saudi Arabia, Qatar, and Afghanistan.
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