Washington, D.C., July 31, 2025 – Pakistan and the United States have finalized a comprehensive trade agreement aimed at deepening bilateral relations, expanding market access, and stimulating foreign investment across key sectors.
The deal was concluded during a high-level meeting between Pakistan’s Finance Minister, Senator Muhammad Aurangzeb, and U.S. Secretary of Commerce Howard Lutnick, alongside United States Trade Representative Ambassador Jamieson Greer. Pakistan’s Secretary Commerce Jawad Paul and Ambassador to the U.S. Rizwan Saeed Sheikh also participated in the discussions.
President Donald Trump formally announced the agreement through a post on Truth Social, calling it a “historic step forward” in Pakistan-U.S. relations. The trade pact includes significant tariff reductions, particularly benefitting Pakistani exports to the U.S., thereby providing a competitive edge to local manufacturers and exporters.
The agreement sets the stage for enhanced cooperation in sectors such as energy, information technology, cryptocurrency, and mining and minerals. It is seen as a cornerstone in broadening Pakistan’s trade footprint and building enduring economic partnerships at both federal and state levels within the U.S.
This development also aligns with Pakistan’s ongoing efforts to diversify its export base and attract long-term American investment in infrastructure and development projects. Officials confirmed that new joint ventures and public-private partnerships are expected in the near future.
By reinforcing mutual interests and economic collaboration, the agreement not only strengthens bilateral trade ties but also reflects both countries’ shared commitment to sustainable development and regional stability.