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ISDS regime could choke climate action in emerging economies, experts say
The investor-state dispute settlement (ISDS) system could be putting climate action at risk in emerging and developing economies as investors in fossil fuel projects angle for compensation, experts say.
Iran to ink free trade deals with certain nations
Iran is planning to sign free trade agreements with Syria, Venezuela, Pakistan, and one Eastern European country. He also said that Iran is seeking preferential trade agreements with Indonesia and some East Asian countries.
Pakistan agrees to new ISDS provisions, despite previous policy to terminate ISDS agreements
Pakistan’s previous policy, initiated in 2021, sought to terminate its bilateral investment treaties to avoid further ISDS cases by international investors.
Islamabad accepts Riyadh-Doha term to allow international arbitration incase of dispute
Pakistan has negotiated to include a graduated approach for settlement of investment disputes between the state and investors.
Inking of CEPA with UAE likely
Pakistan and United Arab Emirates (UAE) are likely to sign Comprehensive Economic Partnership Agreement (CEPA) on the lines of FTA with GCC countries.
SIFC accelerates implementation of bilateral investment treaty with Saudi Arabia, Qatar
In Pakistan, the Special Investment Facilitation Council gave directions to swiftly turn the Bilateral Investment Treaty with Saudi Arabia and Qatar into an economic reality.
Pakistan wins legal battle against Tuwairqi Steel at international court
Pakistan has emerged triumphant in the arbitration initiated by Tuwairqi Steel against the federation at the Permanent Court of Arbitration in The Hague, Netherlands.
Settlement agreement with Ozpak concludes
Pakistan concluded a settlement agreement with Ozpak, a Turkish company, in longstanding arbitration proceedings pending in the International Centre for Settlement of Investment Disputes.
Saudi Arabia assessing advancements in FTA to enhance trade with Pakistan: Commercial Attache
Saudi Commercial Attaché in Pakistan said the Kingdom’s officials were currently assessing advancements in the initial Free Trade Agreement.
China agrees to review Free Trade Agreement, boost yuan-based trade
The Chinese government has agreed to consider a request to amend the existing Free Trade Agreement, supply trade finance in yuans and provide loans to assist industry relocation to Pakistan.
Pakistan moves closer to signing landmark trade agreement with GCC
Pakistan and Saudi Arabia have reached a consensus on the investment modalities, paving the path for the ratification of a much-awaited free trade agreement with the Gulf Cooperation Council.
Dispute settlement mechanisms: BoI asked to show ‘flexibility’
These directions were issued after threadbare discussion with Saudi Arabia and Qatar which are insisting on the option of international arbitration in a template of Bilateral Investment Treaty.
Business leaders urge FTA to boost Pak-Kazakh trade
Pakistani business leaders are urging the initiation of negotiations for a Preferential Trade Agreement in the medium term, with an eventual FTA as part of the long-term strategy for Central Asian Republics.
KSA, Qatar: Issues over BIT template block huge investment
Pakistan is likely to scrap Bilateral Investment Treaty template, and allow renegotiating with Saudi Arabia and Qatar on new BIT template.
Investment treaty gets go-ahead
The investment treaty with Saudi Arabia and Qatar would be annexed with the free trade agreement (FTA) between Pakistan and the Gulf Cooperation Council (GCC), highly placed sources told The Express Tribune.
Pakistan seeks early implementation of free trade agreement with Gulf Cooperation Council
Pakistan called for early implementation of a free trade agreement with the Gulf Cooperation Council.
Gulf Cooperation Council, Pakistan sign Free Trade Agreement
Gulf Cooperation Council (GCC) and Pakistan initialized a free trade agreement, The agreement was signed by GCC Secretary-General Jasem al-Budaiwi and Pakistani trade minister Gohar Ejaz.
Thailand ready to finalize FTA with Pakistan to improve trade ties: envoy
The Ambassador of Thailand said that his country was ready to finalize a Free Trade Agreement with Pakistan as negotiations on this had reached the final stage.
Signing of FTA with UAE likely this month
Pakistan was expected to sign a free trade agreement (FTA) with the United Arab Emirates (UAE) during the upcoming visit of an Emirati delegation in the last week of this month.
Korea pushing to sign free trade pacts with 7 emerging nations
Korea is pushing to sign a bilateral Economic Partnership Agreement (EPA) with Kenya, Tanzania, Morocco, Thailand, Pakistan, Serbia, and the Dominican Republic, and held a public hearing session in Seoul.