Delegation Reaches US to Finalize Trade Deal – Pakistan

A Pakistani delegation arrived in Washington on Monday to conclude a significant trade agreement with the United States, aiming to strengthen economic ties and address challenges posed by high U.S. import tariffs. The talks, ongoing for over a month, focus on reciprocal tariff adjustments to balance trade relations, particularly in light of Pakistan’s $3 billion trade surplus with the U.S. in 2024.

Led by Commerce Secretary Jawad Paal, the delegation includes officials from the Federal Board of Revenue, energy, and IT sectors. They are set to meet U.S. Trade Representative Jamieson Greer and other senior officials to finalize the deal by the end of the week. Pakistan has proposed increasing imports of American goods, such as crude oil and cotton, and offering investment opportunities in its mining sector, including the $7 billion Reko Diq copper-gold project, to ease tariff pressures.

The negotiations aim to mitigate the impact of a potential 29% tariff on Pakistani exports, which could affect the competitiveness of its textile industry. Social media discussions on X highlight optimism about the deal, noting its potential to foster a broader strategic partnership between the two nations. The agreement could enhance economic cooperation, boost investor confidence, and support Pakistan’s economic recovery amid shifting geopolitical dynamics.

Published in SouthAsianDesk, July 1st, 2025

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