USA and Pakistan sign trade deal to cut tariffs and boost oil sector investment.

The US and Pakistan have signed a trade agreement aimed at reducing tariffs and developing Pakistan's oil reserves. The deal, finalized during a meeting between Pakistani Finance Minister Muhammad Aurangzeb and US officials, is expected to boost bilateral trade and attract investment. Tariffs on Pakistani exports to the US will drop from 29% to 19%, below India's 25%. The agreement could also lead to increased US involvement in Pakistan's energy sector and other areas of mutual interest.