Pakistan, US Advance on Reciprocal Trade Deal; Technicalities Remain

Pakistan and the United States have achieved significant headway on a reciprocal trade agreement, though a few technical points still require discussion with the USTR. Discussions between Commerce Minister Jam Kamal Khan and US Chargé d’Affaires Natalie A. Baker covered strengthening bilateral economic ties and expanding market access for products like Pakistani mangoes and dates, and US cotton. This positive development could bolster Pakistan's trade balance and foreign exchange reserves, potentially offering long-term support for the PKR against the USD.

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