Islamabad – A major breakthrough has been achieved in the latest round of trade talks between Pakistan and the United States, resulting in a significant trade understanding. This development holds particular importance for Pakistan’s export sector, especially textiles and agricultural products.
The agreement was finalized just ahead of the July 9 deadline, effectively deferring the looming threat of heavy tariffs being reimposed on Pakistani exports to the U.S. During the negotiations, both sides discussed critical issues including market access, export regulations, and overall trade frameworks in detail.
The Pakistani delegation was led by Secretary for Commerce, Javed Paul, who participated in the four-day negotiations held in Washington. The delegation strongly advocated for the protection of Pakistan’s trade interests and the continued access of Pakistani goods to the U.S. market. According to sources, the U.S. side responded positively, and both parties reached a principled agreement on the key terms.
Although a formal announcement is still pending, officials suggest it will be made once the United States concludes ongoing negotiations with its other trade partners.
Expert opinions consider this development a major success for Pakistan’s export industries — particularly textiles — which could have suffered billions in losses if the agreement had not been reached.
It’s worth noting that textile and agricultural exports play a vital role in Pakistan’s economy, and the United States remains one of the largest destinations for these products. With this agreement, not only will trade continuity be preserved, but it will also create opportunities to expand export volumes in the near future.