ISLAMABAD: Pakistan and the US are currently in discussions to finalise finer details of their trade deal that includes investments after securing the lowest tariff among major South Asian nations, Bloomberg reported quoting Pakistan’s state finance minister.
Prime Minister Shehbaz Sharif’s government aims to secure a better tariff on certain exports during the ongoing talks with the US, Bilal Azhar Kayani said in an interview with Bloomberg TV.
Pakistan reached a trade deal last month with a 19 percent tariff as the two nations have seen an improvement in relations recently. Trump hosted Pakistan’s Army Chief Field Marshal Asim Munir for rare talks at the White House who is on a second trip to the US within a few months.
President Donald Trump while announcing the trade deal said the US will work with Pakistan on developing “their massive oil reserves” and It’s in the process of choosing an oil company to lead the partnership.
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