ISLAMABAD – Pakistan and the United States have agreed to deepen discussions around a possible reciprocal tariff framework, according to Finance Minister Muhammad Aurangzeb, who described the development as a “positive step forward” in strengthening economic ties between the two countries.
Aurangzeb stated that recent discussions with senior U.S. officials were focused on trade balance, market access, and the removal of excessive tariff barriers that currently impact Pakistani exports. He noted that while the U.S. remains Pakistan’s top export destination, existing trade policies are limiting growth opportunities.
“We are working toward a more balanced arrangement that benefits both sides,” the minister said. He also mentioned that technical-level talks would resume in the coming weeks, with both governments aiming for clarity and progress on tariff adjustments.
The move comes at a time when Pakistan is exploring new trade routes and improving its domestic competitiveness through economic reforms. Officials believe that resolving tariff hurdles could unlock new opportunities for exporters, particularly in textiles and IT services.
Both sides have agreed to maintain regular dialogue going forward, with the goal of shaping a more predictable and supportive trade environment.
This story has been reported by PakTribune. All rights reserved.
