Pakistan seeks breakthroughs in high-level US trade talks

Published
0

Pakistan is looking for breakthroughs in agriculture and information technology during the first ministerial-level meeting of a Pak-US trade and investment body in seven years, Commerce Minister Syed Naveed Qamar said on Tuesday.

Qamar will meet on Thursday with US Trade Representative Katherine Tai and other senior US officials under the US-Pakistan Trade and Investment Framework Agreement (TIFA).

Qamar told Reuters the meeting would strengthen ties between the two countries that had been strained in recent years by political tensions, and could help boost bilateral trade in goods and services, which the Pakistani embassy said now totalled about $12 billion.

“It is important that we start talking,” he said. “These were supposed to be annual meetings, but for one reason or another, they have been on the backburner for so long. Now that we are starting, there are many areas where we expect some breakthroughs, and that is on both sides.”

No comment was immediately available from Tai’s office, which included the meeting in its public calendar.

Qamar said Pakistan was looking to increase its exports of mangoes to the United States, and ensure smooth, increased trade in information technology and computer programming services. The US side was looking to boost exports of beef and soybeans.

“When we talk about trade, we’re talking about the entire spectrum, but we’re focusing on these things because that’s where things would start happening right away,” he said.

Pakistan also hoped to attract more US investment, with a particular focus on IT and pharmaceuticals, after a long lull during which China became the dominant investor, he said.

“What we don’t want is for one country to have an open field. We want that this should be an open competitive environment,” he said.

Pakistan was well-placed to help diversify US supply chains that were dependent on China before Covid-19, but have started to shift toward other regional suppliers. It could serve as a gateway to Central Asia, Qamar said.

Opinion

Editorial

Fixing bond markets
01 Oct, 2026

Fixing bond markets

THE plan to deepen the domestic local currency bond market by allowing the public to trade government securities...
Call centre rackets
01 Oct, 2026

Call centre rackets

A NUMBER of recent raids conducted by the authorities in different cities point to the growing threat fraudulent ...
Homeward bound
01 Oct, 2026

Homeward bound

FIVE months after Somali pirates captured an oil tanker carrying a 19-member multinational crew, Somali maritime...
Kashmir unresolved
Updated 30 Sep, 2026

Kashmir unresolved

The just solution lies in India addressing the issue through a trilateral dialogue involving the legitimate representatives of the Kashmiri people and Pakistan.
Water shortage
30 Sep, 2026

Water shortage

THAT the country is entering the Rabi season with an anticipated water shortage of nearly 25pc, the lowest carryover...
Young hearts
30 Sep, 2026

Young hearts

THE observance may have passed, but the message of World Heart Day should not fade with it. The occasion is a useful...