United States Trade Representative Michael Froman welcomed Pakistan Prime Minister Nawaz Sharif to Washington, D.C. today. Their meeting stressed the vitality of the trade relationship between the United States and Pakistan, which in 2012 was valued at $5.2 billion. Both parties vowed to work together to strengthen their bilateral trade and investment relationship as it in their mutual best interest.
Progress has been made in addressing issues that have resulted from the Trade and Investment Framework Agreement (TIFA) between the two nations. Additionally, Ambassador Froman offered to host the next TIFA council meeting here in Washington, D.C.
Source: USTR, Image: http://www.coldwarstudies.com/2011/05/02/cold-war-timeline-pakistan/