July 13, 2026
The brief meeting between the countries' top diplomats is the third such gathering of the Quad since September 2024
The US struck an agreement with the EU to impose 15% import tariff on most EU goods - half the threatened rate
The agreement comes after both sides stepped up talks in the wake of significantly higher US tariffs
Projects could receive $100 million to $500 million in development funds
The countries set a target of more than doubling bilateral trade to $500 billion by 2030
The proposed plan seeks to develop Pasni as a key terminal near Gwadar and Iran