July 31, 2025

In a major breakthrough, Pakistan and the United States have signed a comprehensive trade agreement aimed at expanding bilateral trade, market access, and investment cooperation across key sectors.

The agreement was finalized during a high-level meeting in Washington, D.C., between Finance Minister Muhammad Aurangzeb and U.S. Secretary of Commerce Howard Lutnick, alongside other senior officials.

Key highlights include reduced tariffs on Pakistani exports to the U.S., expanded collaboration in energy, minerals, IT, and cryptocurrency, and enhanced access to each other’s markets.

The deal is also expected to attract U.S. investment in Pakistan’s infrastructure and development projects.

President Donald Trump announced the deal on Truth Social, highlighting plans for joint development of Pakistan’s oil reserves, with the potential to export to India in the future.

The news has sparked optimism in Pakistan’s energy sector, especially for E&P stocks like OGDC, PPL, and MARI, on hopes of improved valuations and technological support from potential U.S. partners.