Trump Announces Major Pakistan Trade Deal, Vows Joint Oil Development/Exploration

C
arjunk said:

"Who knows, maybe they (Pakistan) will be selling Oil to India some day!", says Trump​

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In yet another major diplomatic win for Pakistan, US President Donald Trump has confirmed the finalisation of a trade agreement between the two countries, a move that signals growing trust and deepening economic ties between Islamabad and Washington.

The announcement comes as India, still scrambling to finalise a trade deal with Washington, finds itself under growing pressure, staring down hefty 25% tariffs and the risk of penalties over its continued energy ties with Russia.

"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. We are in the process of choosing the Oil Company that will lead this Partnership. Who knows, maybe they’ll be selling Oil to India some day!," the US president wrote in a Truth Social post.


resident Donald Trump said on Wednesday the United States is still negotiating with India on trade after announcing earlier in the day the U.S. will impose a 25% tariff on goods imported from the country starting on Friday.

The 25% tariff, as well as an unspecified penalty announced by Trump in a morning social media post, would strain relations with the world's most populous democracy.

Later at the White House, the Republican president indicated there was wiggle room.

"They have one of the highest tariffs in the world now, they're willing to cut it very substantially," Trump told reporters. "We're talking to India now - we'll see what happens ... You'll know by the end of this week."

The 25% figure would single out India more severely than other major trading partners, and threaten to unravel months of talks between the two countries, undermining a strategic partner of Washington’s and a counterbalance to China.

What the penalty would be was not clear. Trump initially indicated it was for India buying Russian arms and oil, and its non-monetary trade barriers.
This is a developing story and is being updated with more details.
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Corrupts will lap up every single drop of Palestinian blood , will even lick them off Uncle Sam's boot.
 
BlackenTheSky said:
This is a welcome step for Pakistan’s economy. More trade means more opportunities, jobs, and growth.

Let’s take a minute not to jump into the usual conspiracy theories like “US is here for our nukes” and no, Pakistan isn’t becoming anyone’s slave.

This is about economics, not surrender. It’s called engaging with the world to serve our own interests and that’s exactly what smart nations do.

Let’s celebrate this moment, even if briefly. Happiness and good news don’t come often, let’s not ruin it with unnecessary paranoia.

Here’s hoping this deal opens more doors and paves the way for a stronger, self-reliant Pakistan. 🇵🇰🤝🇺🇸

And special thanks to modi ji’s operation Tandoor, wouldn’t be possible without it 😂
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Don't forget the Rumsfeld hug.
 
Hai Bhai tail mil gaya ya tail Nikal gaya ???

What is the current situation .....
 
onlinpunit said:
So what is the correct indicator ?
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What trade can Pakistan take from this list? $80 billion dollars worth, there for the taking.

GxKXpwWbYAAj2c8
 
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Trump isn't stopping at 50pc tariff. India will have to surrender.
 
HRK said:
Hai Bhai tail mil gaya ya tail Nikal gaya ???

What is the current situation .....
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Trump nay India ko daranay kay liya bola tha. Agar India baaz na aya then maybe oil rich pakistan
 
Pakistan currently has no concrete data on oil reserves or any of the sort. If anything, we did some seabed mapping & seismic surveys with a friendly nation and discovered what could be biofuel structures.

We are still shooting in the dark. The previous extraction and oil exploration under the name Kekra 1 was a failure; it discovered water in those structures.

We currently have different blocks that have been mapped, and maybe those could contain oil or they could be another dud like Kekra 1.

Pakistan likely offered some blocks for a joint exploration to the Americans and likely laid out a good deal if we find oil in those blocks.
 
RafaleSlayer said:
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I can only pray for your mental health.
 
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