Pakistan and the United States announced on Tuesday an agreement on a joint action plan to expand bilateral trade and investment flows over the next five years, as the two countries vowed to strengthen their relationship.
The accord came as Minister for Commerce Engr. Khurram Dastgir Khan and the US Trade Representative Ambassador Michael Froman led the two sides at a meeting of the US-Pakistan Trade and Investment Framework Agreement (TIFA) Council.
They also signed a Memorandum of Understanding on women’s economic empowerment at the meeting, attended by Pakistan’s Ambassador to the United States Jalil Abbas Jilani and senior officials from both sides.
“Trade with Pakistan supports good-paying jobs in the United States and is a key part of our effort to unlock opportunity for American works, businesses, farmers, and ranchers,” the US Trade Representative said, welcoming the Pakistani delegation.