The US has reduced tariffs on Pakistani goods from 29% to 19% under a new trade deal, offering a slight edge over India (25%) and other regional competitors.
The move is expected to boost Pakistan's textile exports and support industrial growth. Pakistan will also begin importing US crude oil, marking a strategic energy shift.
While seen as a step forward, analysts say the deal offers limited long-term advantage and stress the need for local industries to invest in R&D and efficiency to stay competitive globally.