Kerry commended the state of relations between the two countries and said both countries had made remarkable progress in bilateral cooperation in all fields.
He appreciated Sharif's counter-terrorism policy and his resolve and determination to defeat terrorism.
They also discussed the regional situation, and Secretary Kerry lauded Sharif's commitment towards establishing a peaceful neighbourhood in South Asia.
Sharif said Pakistan attaches high importance to enhancement of ties with the US and expressed satisfaction over the state of bilateral ties.
He said Pakistan's economy has stabilised in the last two years and there are opportunities for foreign investors to benefit from the investor-friendly policies of the government.
Both the leaders expressed a desire to enhance bilateral ties between Pakistan and the US particularly in the field of economy and trade.