By Ariba Shahid, Asif Shahzad and Kanishka Singh ISLAMABAD/WASHINGTON (Reuters) -The United States and Pakistan hailed a trade deal on Thursday that Islamabad said would lead to lower tariffs and increased investment,

The US sealed a trade deal with Pakistan as their officials wrapped up talks in Washington, agreeing to develop oil reserves.

The United States and Pakistan say they have reached a trade agreement that is expected to allow Washington to help develop Pakistan's largely untapped oil reserves and lower tariffs for the South Asian country.