ISLAMABAD: Pakistan has proposed a zero-tariff bilateral trade agreement with the United States aimed at expanding trade relations in multiple sectors.
The development came after the US president expressed interest in enhancing trade with Pakistan, the sources said, adding that the Pakistani government has proposed a bilateral agreement based on mutual interests, offering zero tariffs on selected tariff lines. They added that Pakistan wants to expand bilateral trade with the United States in multiple sectors.
Islamabad’s offer came after the US president brokered a ceasefire agreement between Pakistan and India following tit-for-tat military strikes between the two nuclear-armed neighbours.
President Trump claimed credit for preventing an apocalyptic war between the two arch-rivals which “could have killed millions of people.”
“My administration successfully brokered a historic ceasefire to stop the escalating violence between India and Pakistan,” he said while speaking at the Saudi-US Investment Forum 2025 earlier this week.
“I used trade to a large extent to do it. I said, fellas, come on, let’s make a deal. Let’s do some trading. Let’s not trade nuclear missiles. Let’s trade the things that you make so beautifully. And they both have very powerful leaders, very strong leaders, good leaders, smart leaders. And it all stopped. Hopefully it’ll remain that way, but it all stopped,” he added.
