Middle East & Central Asia News
LAST UPDATE: July 31, 2025
Pakistan says it wins US tariff deal; Trump cites oil reserves pact
Pakistan and the U.S. reached a deal reducing tariffs on Pakistani exports, paired with cooperation on oil reserves development.
Insight
The agreement reflects growing strategic economic ties and Pakistan’s success in securing trade benefits.
Pakistan‑US trade deal result in reduced tariffs for Pakistan, Pakistan government says
Pakistan confirmed reduced U.S. tariffs on its exports under a new trade deal, though specific terms remain undisclosed.
Insight
The deal strengthens Pakistan’s export competitiveness and aligns with U.S. regional economic objectives.
Saudi Economy Expands 3.9% on Strong Non‑Oil Momentum
Saudi Arabia’s economy grew 3.9% in Q2, driven by non-oil sectors like tourism and services, aligning with Vision 2030 goals.
Insight
Diversification is showing tangible results, reducing dependence on oil and enhancing macroeconomic stability.
