Pakistan, US discuss enhancing economic cooperation through ... - Arab News Pakistan

Pakistan’s caretaker commerce minister holds virtual meeting with US Trade Representative Katherine Tai
Tai described Pakistan as an important trading partner of the US, says Pakistan’s commerce ministry
ISLAMABAD: Caretaker Commerce Minister Dr. Gohar Ejaz and US Trade Representative Ambassador Katherine Tai discussed enhancing economic cooperation between the two countries on Tuesday through bilateral trade and investment, Pakistan’s Ministry of Commerce said in a statement.
The two representatives held a virtual meeting to discuss progress made by both sides after the 9th Pakistan-United States Trade and Investment Framework Agreement (TIFA) Council meeting, which was held in February. The high-level trade talks between the two countries took place this year after a gap of seven years, with the last one taking place in Islamabad in 2016.
TIFA provides a forum for the two countries to discuss bilateral trade and investment, and explore access for Pakistani exports to the US market.
“Both sides agreed to work closely on the various bilateral trade and investment matters with the objective of enhancing the economic cooperation between Pakistan and the USA,” the commerce ministry said.
Ejaz informed Tai of steps taken by the Pakistani government to improve the country’s business climate, the statement said. The minister also urged Tai to consider allowing duty free access of Pakistani textile and garments exports to the US, adding that Pakistan imports a major chunk of...

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