Experts have welcomed the announcement of a trade deal struck between the US and Pakistan on Wednesday night that includes a partnership in developing oil reserves in the country.

Finance Minister Muhammad Aurangzeb is currently in Washington for negotiations on a tariff deal and also began meetings with senior US officials yesterday.

United States President Donald Trump said early on Thursday that his administration has struck a trade deal with Pakistan that includes joint development of the country’s “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 someday!” Trump said on social media.

Additional details of the agreement were not immediately available; however, local experts welcome the development with a........

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