With less than a week to go before the July 9 deadline, Pakistan and the United States have concluded a critical round of trade negotiations, reaching an understanding on a deal that could shape the future of the country’s key export sectors.

The Pakistani delegation, led by Commerce Secretary Jawad Paal, was scheduled to return on Friday after completing four days of talks in Washington.

While both sides have reached an understanding, a formal announcement is expected only after the US concludes similar ongoing negotiations with other trade partners.

The delegation arrived in Washington on Monday with the aim of finalising a long-term reciprocal tariff agreement that would prevent the re-imposition of a 29 per cent tariff on Pakistani exports — primarily textiles and agricultural products.

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