Pakistan and the United States have made significant progress in negotiations on a proposed reciprocal trade framework, with both countries reaffirming their commitment to finalize the agreement at the earliest.

According to the Ministry of Finance, the progress was reviewed during a virtual meeting between Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb and United States Trade Representative (USTR) Ambassador Jamieson Greer. The discussions focused on strengthening bilateral trade and economic cooperation.

Recalling their recent meetings in Washington, D.C., Aurangzeb welcomed the progress achieved by the negotiating teams and appreciated the constructive engagement throughout the dialogue. Both sides expressed satisfaction with the pace of negotiations and agreed to maintain regular engagement to finalize the remaining elements of the proposed framework.

The finance minister emphasized that sustaining the current momentum is essential to support Pakistan's export-led growth strategy, strengthen economic resilience, and create greater commercial opportunities for businesses in both countries.

Aurangzeb also highlighted the importance of continued collaboration with the U.S. Export-Import Bank (EXIM) to facilitate bilateral trade and investment.

Ambassador Jamieson Greer appreciated Pakistan's continued engagement during the negotiations and acknowledged the progress made on labour and regulatory reforms, including measures related to forced labour compliance.

He reaffirmed the United States' commitment to maintaining the positive trajectory of trade discussions and expressed confidence that the remaining issues could be resolved through continued technical-level engagement.

Both sides agreed to accelerate technical discussions and continue working closely to conclude the reciprocal trade framework as soon as possible, further strengthening the longstanding economic partnership between Pakistan and the United States.

The virtual meeting was also attended by Federal Secretary for Commerce Jawad Paul and senior officials from the Office of the United States Trade Representative (USTR).