High-Level Pakistan Delegation in Washington to Finalize Crucial Trade Agreement with US

Pakistan has stepped up efforts to seal a comprehensive trade deal with the United States, sending its top officials to Washington for pivotal discussions, according to Bloomberg.

Deputy Prime Minister and Foreign Minister Ishaq Dar is in the US for a UN Security Council event but will also hold separate meetings with US State Department officials, confirmed spokesperson Tammy Bruce.

In parallel, Finance Minister Muhammad Aurangzeb met US Secretary of Commerce Howard Lutnick and US Trade Representative Jamieson Greer to iron out details of the trade agreement.

What Does Pakistan Offer?

As part of the negotiations, Pakistan has offered to increase imports of US cotton and soybeans, signaling its intent to diversify trade while strengthening ties with Washington.

The United States continues to be Pakistan’s top export destination, making this trade pact critical for boosting exports and improving economic stability.

Timing and Significance

The talks come amid improved diplomatic relations between Islamabad and Washington, following a series of high-level engagements aimed at revitalizing bilateral cooperation in trade, investment, and security.

This trade agreement is seen as a potential game-changer for Pakistan’s struggling economy, offering prospects for market access, industrial growth, and enhanced agricultural trade.

Further announcements are expected as negotiations progress in the coming days.