Islamabad: Pakistan and the United States have announced plans to enhance their strategic and economic partnership, highlighting a commitment to boosting trade and investment connections. This development follows recent high-level discussions and aims to strengthen ties between the two nations.

The U.S. Chamber of Commerce and the U.S.-Pakistan Business Council (USPBC) held a meeting with Pakistan’s Federal Minister for Commerce, Mr. Jam Kamal Khan, in Islamabad. Accompanied by Ms. Natalie A. Baker, the U.S. Charge d’Affaires in Islamabad, the delegation was led by Mr. Charles Freeman, Senior Vice President of the U.S. Chamber of Commerce.

Minister Kamal emphasized that the USPBC’s visit would further solidify economic relations and acknowledged the council’s efforts over two decades in promoting U.S. commercial engagement with Pakistan. He noted the focus on increasing trade flows and creating business opportunities.

Pakistan values its strategic trade relationship with the United States, its largest export destination. Efforts are underway to address trade deficit and market access issues through a comprehensive strategy. A recent 90-day pause in reciprocal tariffs is viewed as a chance for constructive engagement and creating a sustainable roadmap.

Ms. Baker highlighted positive developments in agricultural trade, such as the resumption of soybean exports from the U.S. to Pakistan, as a testament to the partnership’s strength. She pointed to opportunities for deeper agricultural cooperation and trade diversification, particularly in the cotton sector.

The Commerce Minister assured that Pakistan is committed to a predictable trade environment for U.S. businesses, emphasizing fair-trade practices. The government, led by Prime Minister Mr. Shahbaz Sharif, is dedicated to fostering a productive relationship with the United States in trade and investment.

Pakistan’s economy is showing positive trends, with key macroeconomic indicators stabilizing. The government has implemented reforms to improve business ease, including reductions in policy rate and inflation, lower electricity prices, and a commitment to policy consistency.

Mr. Freeman of the U.S. Chamber expressed appreciation for Pakistan’s commitment to facilitating businesses, emphasizing the importance of continued dialogue and technical cooperation to support economic growth and job creation. The visit of the U.S.-Pakistan Business Council delegation from May 5-7, 2025, serves as a platform for dialogue and partnership-building.