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

[clutch]

you're nobody, what we can change though condemnation of Palestinians genocide? Nothing

F Israel and all those who refuse to condemn it! ISRAEL HAS NO RIGHT TO EXIST.

@NGAD IS THE BEST I did condemn genocide of Palestinians lots of times here on PDF, now keep repeating the sh!t again and again, I don't want to applause/ congrat from you

Good job

 

[Rationale]

Pakistan gets 19% tariff, Bangladesh 20%, India 25%.

India has not made any concessions yet and the deadline has effectively been extended by a week. So, the game isn't over yet.

The problem for Bangladesh is that much of its textiles exports may be considered Chinese transhipments and would be subject to a 40% rate. I don't think they would be very happy about that.

 

[Baibers_1260]

Lol. My data is from the EIA, which is a US government agency. I don't think ONGC puts out any such data. In any case, I would trust data from reputed industry sources like EIA or OPEC over that from any single company, be it ONGC or Saudi Aramco or ExxonMobil.

I am sorry you are color blind because a green text is a link to a reference, which by the way was a link to the EIA and which I had quoted in my earlier post "Lol" is the way trolls from a particular fascist country usually begin their spams.

You have provided links from onehomes which is some real estate builder in Lahore. I would obviously take Dawn more seriously than them.

You didn't see ( or care to see ) the link I provided in my last post.

If the Country of Pakistani seriously had legitimate oil reserves , why did the government not sell development licences to the top bidders from the US, China, Saudi, UAE, Russia etc instead of going to the IMF for a bailout ?

There were political constraints and sanctions at the time, which now thanks to your military misadventure, seem to be lifting

The answer is that actually ExxxonMobil did explore the claimed reserves and found nothing.
What's the source for your statement?

For your information, the US government doesn't have any ownership interest in any oil company. If a deal has to be done with a private company , why does the US government need to get involved as a middleman.

I linked the statement from the embassy made by the US Charge de Affairs but you are too lazy to click on the links and read.

In most countries , there would be a public outcry about kickbacks and corruption if oil exploration rights were not licensed in a transparent bidding process to the highest bidder.

You mean like the out cry against your Adani in your parliament?
We don't think you are the Vishwaguru and moral guardian of the entire planet.

 

[Indos]

India has not made any concessions yet and the deadline has effectively been extended by a week. So, the game isn't over yet.

The problem for Bangladesh is that much of its textiles exports may be considered Chinese transhipments and would be subject to a 40% rate. I don't think they would be very happy about that.

Dont make up things. Transhipment country is more on Vietnam, Singapore, Malaysia

BD dont do such practice

 

[Rationale]

I am sorry you are color blind because a green text is a link to a reference, which by the way was a link to the EIA and which I had quoted in my earlier post "Lol" is the way trolls from a particular fascist country usually begin their spams.

You didn't see ( or care to see ) the link I provided in my last post.

There were political constraints and sanctions at the time, which now thanks to your military misadventure, seem to be lifting

The answer is that actually ExxxonMobil did explore the claimed reserves and found nothing.
What's the source for your statement?

For your information, the US government doesn't have any ownership interest in any oil company. If a deal has to be done with a private company , why does the US government need to get involved as a middleman.

I linked the statement from the embassy made by the US Charge de Affairs but you are too lazy to click on the links and read.

In most countries , there would be a public outcry about kickbacks and corruption if oil exploration rights were not licensed in a transparent bidding process to the highest bidder.

You mean like the out cry against your Adani in your parliament?
We don't think you are the Vishwaguru and moral guardian of the entire planet.

I guess my Bharati explanations cannot penetrate the defenses you have put up around yourself. Please read some of the sensible posts by the Pakistani members in this thread . They substantively agree with what I have said. There is no point in me repeating that through my Bharati vessel.

 

[Rationale]

Dont make up things. Transhipment country is more on Vietnam, Singapore, Malaysia

BD dont do such practice

Bangladesh imports most of its textiles raw materials from China with relatively little value addition.

I guess it will come down to how exactly it is defined, but I have seen reports that this was a major sticking point in negotiations. The US wanted BD to decouple from China and BD responded that it was simply not possible.

We will have to wait to find out how exactly the transhipment clause is interpreted.

 

[Watandar]

India has not made any concessions yet and the deadline has effectively been extended by a week. So, the game isn't over yet.

The problem for Bangladesh is that much of its textiles exports may be considered Chinese transhipments and would be subject to a 40% rate. I don't think they would be very happy about that.

I had been wondering how Bangladesh had emerged as a major textile maker. You are saying that it's due to the Chinese who moved their final assembly factories there ? Vietnam has also been a major destination for chinese final assembly factories so as to avoid US restrictions. The supply chain remains in China.

 

[Baibers_1260]

I guess my Bharati explanations cannot penetrate the defenses you have put up around yourself. Please read some of the sensible posts by the Pakistani members in this thread . They substantively agree with what I have said. There is no point in me repeating that through my Bharati vessel.

So much for Indian sovereignty and Bharati explanations.
Didn't take long for the whiplash to hurt. ( "Lol").
Even the much vaunted big 3, Indian Oil Corp, Hindustan Petroleum, Bharat Petroleum have buckled under the boot from the USA

Exclusive: Indian state refiners pause Russian oil purchases, sources say​

By Nidhi Verma
July 31, 20258:44 AM EDTUpdated 12 hours ago
Extract : The country's state refiners - Indian Oil Corp (IOC.NS), opens new tab, Hindustan Petroleum Corp (HPCL.NS), opens new tab, Bharat Petroleum Corp (BPCL.NS), opens new tab and Mangalore Refinery Petrochemical Ltd (MRPL.NS), opens new tab - have not sought Russian crude in the past week or so, four sources familiar with the refiners' purchase plans told Reuters
-------

https://www.reuters.com/business/energy/indian-state-refiners-pause-russian-oil-purchases-sources-say-2025-07-31/

 

[Indos]

Bangladesh imports most of its textiles raw materials from China with relatively little value addition.

I guess it will come down to how exactly it is defined, but I have seen reports that this was a major sticking point in negotiations. The US wanted BD to decouple from China and BD responded that it was simply not possible.

We will have to wait to find out how exactly the transhipment clause is interpreted.

Supply chain is not part of Transhipment

Almost all countries export have Chinese supply chain inside it. Here is a hint, even Boeing, Airbus use Chinese alluminium sheets

 

[Rationale]

I had been wondering how Bangladesh had emerged as a major textile maker. You are saying that it's due to the Chinese who moved their final assembly factories there ? Vietnam has also been a major destination for chinese final assembly factories so as to avoid US restrictions. The supply chain remains in China.

Pretty much. BD enjoyed a tariff advantage because of its LDC status. There is some value addition in BD , of course, but the supply chain is heavily dependent on China.

 

[Rationale]

So much for Indian sovereignty and Bharati explanations.
Didn't take long for the whiplash to hurt. ( "Lol").
Even the much vaunted big 3, Indian Oil Corp, Hindustan Petroleum, Bharat Petroleum have buckled under the boot from the USA

Exclusive: Indian state refiners pause Russian oil purchases, sources say​

By Nidhi Verma
July 31, 20258:44 AM EDTUpdated 12 hours ago
Extract : The country's state refiners - Indian Oil Corp (IOC.NS), opens new tab, Hindustan Petroleum Corp (HPCL.NS), opens new tab, Bharat Petroleum Corp (BPCL.NS), opens new tab and Mangalore Refinery Petrochemical Ltd (MRPL.NS), opens new tab - have not sought Russian crude in the past week or so, four sources familiar with the refiners' purchase plans told Reuters
-------

https://www.reuters.com/business/energy/indian-state-refiners-pause-russian-oil-purchases-sources-say-2025-07-31/

What is the point of making the same posts, that too rambling ones, in multiple threads ? There are so many other intelligent posters here I would rather read. Thank God this forum has a ignore button.

 

[Rationale]

Supply chain is not part of Transhipment

Almost all countries export have Chinese supply chain inside it. Here is a hint, even Boeing, Airbus use Chinese alluminium sheets

It depends on the extent of value addition. If you are shipping all the parts of a shirt and just stitching them together in BD, that is clearly transhipment.

Going by your definition , everything would be excluded from being classified as transhipments by having just one small final step in the destination country. That is not going to fly.

 

[Rationale]

Supply chain is not part of Transhipment

Almost all countries export have Chinese supply chain inside it. Here is a hint, even Boeing, Airbus use Chinese alluminium sheets

Here is a good reference from US based trade lawyers :

They suggest one interpretation is that if less than 50% of the value addition happened in the country claiming origin, it would be considered transhipped.

What is Transshipment? The Answer Could Affect Your Tariff Bill and More | Sandler, Travis & Rosenberg, P.A.

Our daily publication covering trade and customs news in the U.S. and worldwide.

www.strtrade.com

 

[Baibers_1260]

What is the point of making the same posts, that too rambling ones, in multiple threads ? There are so many other intelligent posters here I would rather read. Thank God this forum has a ignore button.

Apologies but you have to be reminded of statements you make and then ignore to respond when questioned. ( small companies India doesn't care about)
Repetition is the only way to elicit an intelligent point based advice from you other than insults about weed. I am surprised you haven't so far alluded to the profession of repairing tires that you inevitably do .
Let's put each other on the ignore list before you start alluding to my education in a religious seminary or my anatomical status.

 

[Indos]

Here is a good reference from US based trade lawyers :

They suggest one interpretation is that if less than 50% of the value addition happened in the country claiming origin, it would be considered transhipped.

What is Transshipment? The Answer Could Affect Your Tariff Bill and More | Sandler, Travis & Rosenberg, P.A.

Our daily publication covering trade and customs news in the U.S. and worldwide.

www.strtrade.com

Those who signed a deal is not stupid.