Pakistan, US Sign Trade Deal to Drill Oil, Boost Market Ties

Pakistan and the United States have signed a trade deal aimed at developing Pakistan's oil reserves and boosting economic ties between the two countries. The agreement was reached as US and Pakistani officials concluded discussions in Washington. The deal focuses on exploring and extracting oil resources in Pakistan, a move that is expected to benefit both nations. The partnership will also work to strengthen market connections and trade opportunities between the two countries. The signing of this agreement comes at a time when Pakistan is seeking to diversify its energy sources and reduce its reliance on imports. The collaboration with the US is seen as a step towards enhancing Pakistan's energy security and fostering closer economic cooperation between the two nations. Both governments have expressed optimism about the potential of this trade deal to contribute to the economic growth and development of Pakistan, as well as to strengthen the overall bilateral relationship between Pakistan and the United States.