{"id":7410,"date":"2025-05-15T15:07:32","date_gmt":"2025-05-15T15:07:32","guid":{"rendered":"https:\/\/ipp-news.com\/?p=7410"},"modified":"2025-05-15T15:07:32","modified_gmt":"2025-05-15T15:07:32","slug":"pakistan-proposes-zero-tariff-bilateral-trade-agreement-to-us","status":"publish","type":"post","link":"https:\/\/ipp-news.com\/?p=7410","title":{"rendered":"Pakistan proposes zero-tariff bilateral trade agreement to US"},"content":{"rendered":"
Pakistan has proposed a zero-tariff bilateral trade agreement with the United States aimed at expanding trade relations in multiple sectors, The Express Tribune has learnt on the authority of credible sources.<\/p>\n

The development came after the US president\u2019s 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.<\/p>\n

The sources added that Pakistan wants to expand bilateral trade with the United States in multiple sectors.
\nIslamabad\u2019s offer came after the US president brokered a ceasefire agreement between Pakistan and India following the exchange of tit-for-tat military strikes between the two nuclear-armed neighbours.<\/p>\n

President Trump claimed credit for preventing an apocalyptic war between the two arch rivals which \u201ccould have killed millions of people.\u201d<\/p>\n

\u201cMy administration successfully brokered a historic ceasefire to stop the escalating violence between India and Pakistan,\u201d he said while speaking at the Saudi-US Investment Forum 2025 earlier this week.<\/p>\n

\u201cI used trade to a large extent to do it. I said, fellas, come on, let\u2019s make a deal. Let\u2019s do some trading. Let\u2019s not trade nuclear missiles. Let\u2019s 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\u2019ll remain that way, but it all stopped,\u201d he added.<\/p>\n

Full comments by US President Donald Trump on India Pakistan understanding of 10 May<\/p>\n

“Let us not trade nuclear missiles, let us trade” goods<\/p>\n

“India, Pakistan are getting along, & they can have a nice dinner \ud83c\udf7d\ufe0f”<\/p>\n

“Millions of people could have died due to the conflict” pic.twitter.com\/9u0Ijx8dJb
\n\u2014 Sidhant Sibal (@sidhant) May 13, 2025<\/p>\n

President Trump credited his Vice President JD Vance and Secretary of State Marco Rubio for doing \u201ca great job\u201d by deescalating the situation. \u201cI think they (Pakistan and India) are actually getting along. Maybe we can even get them together a little bit, where they go out and have a nice dinner together,\u201d he added.<\/p>\n

The truce ended several days of hostilities between the two countries that marked the most dangerous military escalation in nearly three decades. The conflict began after India carried out missile strikes on civilian infrastructure in Pakistan, following the deadly rampage on April 22 in the Pahalgam area of Indian Illegally Occupied Jammu and Kashmir in which 26 tourists were killed. Pakistan denied any involvement in the incident and offered \u201cimpartial investigation.\u201d<\/p>\n

Pakistan Air Force shot down six Indian fighter jets, including the coveted Rafale warplanes, during the Indian military\u2019s missile strikes codenamed Operation Sandoor. And days later, Pakistan launched a retaliatory military operation named \u201cOperation Bunyan-un-Marsoos,\u201d targeting Indian military sites in multiple cities.<\/p>\n

I am very proud of the strong and unwaveringly powerful leadership of India and Pakistan for having the strength, wisdom, and fortitude to fully know and understand that it was time to stop the current aggression that could have lead to to the death and destruction of so many,\u2026
\n\u2014 Commentary Donald J. Trump Posts From Truth Social (@TrumpDailyPosts) May 11, 2025<\/p>\n

Following the ceasefire, President Trump praised the leadership of both countries and expressed interest in expanding trade with both nations.<\/p>\n

I am extremely grateful to President Trump for his pathbreaking leadership and commitment to global peace and for his most valuable offer to play a greater role in bringing lasting peace to South Asia.
\nFor decades, Pakistan and the U.S. have been partners who worked together\u2026
\n\u2014 Shehbaz Sharif (@CMShehbaz) May 11, 2025<\/p>\n

The recent ceasefire concluded several days of cross-border hostilities that marked the most severe military escalation between Pakistan and India in nearly three decades. The conflict began after India carried out airstrikes in Pakistan, following an April 22 attack in IIOJK that killed 26 tourists.<\/p>\n

Pakistan denied any involvement in the Kashmir incident and condemned India\u2019s strikes, which Islamabad claimed targeted civilian areas. In response, Pakistan launched a retaliatory military operation named \u201cOperation Bunyan-un-Marsoos,\u201d targeting Indian military sites across several regions.<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"

Pakistan has proposed a zero-tariff bilateral trade agreement with the United States aimed at expanding trade relations in multiple sectors, The Express Tribune has learnt on the authority of credible sources. The development came after the US president\u2019s expressed interest in enhancing trade with Pakistan, the sources said, adding that the Pakistani government has proposed […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"class_list":["post-7410","post","type-post","status-publish","format-standard","hentry","category-english-news"],"_links":{"self":[{"href":"https:\/\/ipp-news.com\/index.php?rest_route=\/wp\/v2\/posts\/7410","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ipp-news.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ipp-news.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ipp-news.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ipp-news.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=7410"}],"version-history":[{"count":0,"href":"https:\/\/ipp-news.com\/index.php?rest_route=\/wp\/v2\/posts\/7410\/revisions"}],"wp:attachment":[{"href":"https:\/\/ipp-news.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=7410"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ipp-news.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=7410"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ipp-news.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=7410"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}