In a bold step to strengthen economic ties with the United States, Pakistan has formally proposed a zero-tariff bilateral trade arrangement, offering American businesses greater access to its markets in exchange for similar concessions.
Speaking at a press conference in Islamabad on Thursday, Commerce Minister Jam Kamal Khan stated that Pakistan is ready to “reset and deepen” its trade relationship with the US by eliminating tariffs on a wide range of goods.
“We are offering the United States a zero-tariff bilateral trade framework, which we believe will unlock significant opportunities for both economies,” the minister said, emphasizing Pakistan’s potential as a growing consumer market and strategic trade hub in South Asia.
The proposal, which is part of Islamabad’s broader economic diplomacy push, seeks to encourage US investment in key sectors such as textiles, agriculture, information technology, and renewable energy. The minister added that Pakistan is also open to negotiating improved terms for US exports and is willing to address American concerns on market access and intellectual property.
The United States remains one of Pakistan’s largest export destinations, with bilateral trade exceeding $12 billion in 2024. However, high tariffs and limited trade concessions have been longstanding issues.
Analysts say the move is aimed not only at economic benefits but also at strengthening geopolitical ties as Pakistan attempts to diversify its global partnerships and reduce dependency on traditional allies.
US officials have not yet responded to the proposal. However, experts believe the offer could open the door for future trade talks, especially in the context of Washington’s efforts to counter China’s growing influence in the region.
