Gen Austin met Sharif at the army's Headquarters in the garrison city of Rawalpindi near Islamabad.
During the meeting, matters of mutual interest including bilateral defence cooperation and overall regional security situation with special emphasis on Afghanistan were discussed, army said.
He was briefed about the military operation Zarb-e-Azb in tribal region.
Earlier, the commander also paid floral tributes to Pakistani soldiers killed in anti-terrorism operations.
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