The U.S. and Pakistan have reached an agreement that includes reduced tariffs for Pakistan and a partnership in which the U.S. will assist in developing the country’s oil reserves, officials from both sides announced.
"We have just concluded a Deal with the Country of Pakistan, whereby Pakistan and the United States will work together on developing their massive Oil Reserves," U.S. President Donald Trump wrote on social media on Wednesday.
Pakistani Foreign Minister Ishaq Dar likewise confirmed the agreement on social media but offered no further details.
However, Pakistan's finance ministry said on Thursday that the trade deal "will result in reduction of reciprocal tariffs especially on Pakistani exports to the United States," without specifying the exact tariff changes.
"This deal marks the beginning of a new era of economic collaboration especially in energy, mines and minerals, IT, cryptocurrency and other sectors," it said.
The agreement comes as Pakistan avoided a 29% tariff under earlier U.S. threats, which were paused to allow negotiations.
Talks gained momentum after recent meetings between Foreign Minister Ishaq Dar and Secretary of State Marco Rubio.
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Belgium has banned aircraft transporting weapons and military equipment to Israel from using its airspace or making technical stops, the Foreign Minis...
UK Prime Minister Keir Starmer has accused U.S. President Donald Trump of making “insulting and frankly appalling” remarks about Nato forces in Af...
Ukrainian, U.S. and Russian officials are meeting in Abu Dhabi for their first-ever trilateral talks on the nearly four-year-long war in Ukraine....
Tokyo Electric Power Company (TEPCO) has suspended operations at the Kashiwazaki-Kariwa nuclear power plant in Japan, just a day after a reactor was b...
Belgium has banned aircraft transporting weapons and military equipment to Israel from using its airspace or making technical stops, the Foreign Ministry confirmed to Anadolu on Friday.
UK Prime Minister Keir Starmer has accused U.S. President Donald Trump of making “insulting and frankly appalling” remarks about Nato forces in Afghanistan, saying the comments wrongly diminish the sacrifice of British and allied troops and should be followed by an apology.
Ukrainian, U.S. and Russian officials are meeting in Abu Dhabi for their first-ever trilateral talks on the nearly four-year-long war in Ukraine.
Italy’s legendary couturier Valentino was laid to rest in Rome on Friday (23 January), drawing designers, actors and industry leaders to a ceremony marked by quiet emotion and flashes of his signature red.
President Donald Trump said on Thursday that the United States has an "armada" heading toward Iran but hoped he would not have to use it, as he renewed warnings to Tehran against killing protesters or restarting its nuclear programme.
Russian President Vladimir Putin said on Wednesday that Moscow could pay $1 billion from Russian assets frozen abroad to secure permanent membership in President Donald Trump’s proposed ‘Board of Peace’.
A commuter train collided with a construction crane in southeastern Spain on Thursday (22 January), injuring several passengers, days after a high-speed rail disaster in Andalusia killed at least 43 people.
Turkish President Recep Tayyip Erdoğan has told his Iranian counterpart Masoud Pezeshkian that Türkiye opposes any form of foreign intervention in Iran, as protests and economic pressures continue to fuel tensions in the Islamic republic.
President Donald Trump says he has agreed a "framework" for a Greenland deal with NATO.
Sanctum is a documentary about faith preserved through respect, and history protected through responsibility.
Belgium has banned aircraft transporting weapons and military equipment to Israel from using its airspace or making technical stops, the Foreign Ministry confirmed to Anadolu on Friday.
Tokyo Electric Power Company (TEPCO) has suspended operations at the Kashiwazaki-Kariwa nuclear power plant in Japan, just a day after a reactor was brought back online for the first time in more than a decade.
UK Prime Minister Keir Starmer has accused U.S. President Donald Trump of making “insulting and frankly appalling” remarks about Nato forces in Afghanistan, saying the comments wrongly diminish the sacrifice of British and allied troops and should be followed by an apology.
In the snowy peaks of Davos, where the world’s most powerful leaders gather for the 56th World Economic Forum, a new narrative is emerging that challenges the current dominance of artificial intelligence (AI).
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