Islamabad, Aug. 7 -- Pakistan has secured the lowest tariff rate in South Asia after signing a trade deal with the United States. Minister of State for Finance Bilal Azhar Kayani shared the news during a National Assembly session on Thursday. He said Pakistan will now face only a 19% tariff on its exports to the US. This development is expected to boost Pakistan's exports and strengthen the economy. It marks a rare success in trade diplomacy for the country.

Kayani pointed out that many doubted such a deal was possible due to past political tensions. He mentioned that even the opposition never expected this achievement. According to him, the government worked hard to improve ties with the US. The Prime Minister led these efforts, support...