Finance Minister Muhammad Aurangzeb arrived in Washington for a three-day official visit to strengthen economic cooperation between Pakistan and the United States through discussions on trade, investment, tariffs and broader financial collaboration. The visit comes as both countries prepare to resume formal negotiations aimed at expanding bilateral economic ties and creating new opportunities for businesses […]
trade agreement
Aurangzeb begins US visit to boost trade and investment ties
Finance Minister Muhammad Aurangzeb has arrived in Washington for a three-day official visit to advance Pakistan’s economic engagement with the United States through discussions on trade, investment, tariffs and broader financial cooperation. The visit is expected to strengthen bilateral economic relations while exploring new opportunities for commerce and long-term investment between the two countries. Read […]
Pakistan, US make progress on reciprocal trade deal
Pakistan and the United States have (US) made significant progress toward finalising a reciprocal trade agreement following two days of negotiations held in Washington, with officials from both countries expressing optimism about concluding the deal in the near future. Read More: Pakistan assures US of facilitating foreign investment, According to Foreign Office spokesperson Tahir Andrabi, the negotiations took […]
US declines to renew USMCA in current form
The US has declined to renew the United States-Mexico-Canada Agreement (USMCA) in its current form, citing ongoing trade deficits with Mexico and Canada, while confirming that the trade pact will remain in force as negotiations continue. US Trade Representative Jamieson Greer announced the decision following a virtual meeting involving officials from the three North American […]
Australia and EU sign $7 billion trade and defense agreement
CANBERRA — Australia and the European Union (EU) on Tuesday finalized a free trade agreement (FTA) worth AUD10 billion (approximately $7 billion) alongside a Security and Defense Partnership (SDP), marking the conclusion of eight years of negotiations. Read More: UK open to looser ‘Australia-style’ trade deal with EU The FTA is expected to expand market access for Australian […]
U.S. sanctions force India to ditch $33B Russian oil contracts
India has finally yielded to U.S. pressure, deciding to stop buying Russian oil, ending a decade-long trade agreement. Reliance Industries, owned by billionaire Mukesh Ambani, will no longer import Russian crude. The move follows threats of high U.S. tariffs affecting India’s trade relations. The U-turn means Reliance will now source expensive oil from the Middle […]
Pakistan, US agree on tariff cuts and oil partnership
Pakistan and the United States have finalized a significant trade agreement aimed at boosting bilateral commerce and investment. The deal was announced on Wednesday night, following high-level meetings in Washington. While tariff details remain undisclosed, both sides confirmed plans to reduce trade barriers. Finance Minister Muhammad Aurangzeb led the Pakistani delegation, which included top officials. […]
Aurangzeb in U.S. to seal trade agreement
Pakistan’s Finance Minister Muhammad Aurangzeb has flown to the United States to finalize a long-awaited trade agreement. This is his second visit in two weeks, signaling urgency in negotiations. His office confirmed that key talks with U.S. officials will take place during the trip. Foreign Minister Ishaq Dar earlier said both sides are “very close” […]
Netanyahu, Trump set for high-stakes talks amid rising tariffs
Israeli Prime Minister Benjamin Netanyahu announced plans to visit the United States next week for high-level talks with President Donald Trump, following Israel’s recent 12-day war with Iran, which Netanyahu described as a “great victory.” The visit, confirmed in a statement ahead of a cabinet meeting, will include discussions with senior U.S. officials such as […]
US terminates Turkey’s preferential trade agreement, reduces tariffs on steel
The United States on Thursday terminated Turkey’s preferential trade treatment that allowed some exports to enter the country duty free, but it has halved its tariffs on imports of Turkish steel to 25%. The White House said it was appropriate to terminate Turkey’s eligibility to participate in the Generalized System of Preferences (GSP) program, based […]