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Pakistan


Pakistan, Qatar to sign trade pacts soon
Pakistan and Qatar have agreed in principle on a preferential trade agreement (PTA) and a free trade agreement (FTA) to enhance bilateral trade. The agreements will soon be signed after necessary formalities.
Pak-China FTA (2nd phase) comes into force today
Pakistan and China trade will get a big a boost with the implementation of second phase of their free trade agreement from December 1.
How World Bank arbitrators mugged Pakistan
Thanks to the World Bank’s flawed and corrupt investment arbitration process, the rich are making a fortune at the expense of poor countries.
Turkish companies keen to invest in SEZs
Waheed said that Pakistan and Turkey have been negotiating a free trade agreement and many rounds of talks have already been held for this purpose.
Pak-China FTA to become effective from Dec
China has approved the premature activation of the free trade agreement with Pakistan. This is the second phase of FTA with china that was signed in Beijing in April 2019.
Thailand awaits Pakistan’s progress on FTA: Thai envoy
Thailand has already submitted a list of around 200 items to be traded between the two countries under the proposed Free Trade Agreement (FTA), but Pakistan government’s response and progress was waited.
Pakistan escapes $1.2 billion penalty as Turkey helps resolve Karkey dispute
The Karkey dispute between the government and a Turkish ship-based energy firm has finally been resolved due to efforts of Turkish government, Prime Minister Imran Khan said.
’$1.2b penalty in Karkey case likely to be waived’
International institutions, through high-level backdoor contacts, have agreed to waive off the $1.2 billion penalty Pakistan has to pay to Turkey’s Karkey, senior lawyer Babar Awan said.
Reko Diq challenge: government looking for out-of-court settlement
The Adviser to Prime Minister on Finance and the Attorney General for Pakistan are meeting with the company’s board.
Australia uninterested in a free trade agreement with Pakistan
Australia has refused to offer preferential market access to Pakistan on the grounds that the country has a very limited basket of tradable goods and services.
Over $100 million paid to Karkey as penalty, claims Sherry
Pakistan has paid over $100 million to Turkish rental power company Karkey as a penalty out of $800 million, Senator Sherry Rehman has said.
Senate body opposes setting up CPEC authority through ordinance
The Senate Special CPEC has opposed setting up CPEC Authority through Presidential Ordinance, arguing that they would not accept any proposal without being presented to Parliament for approval.
China calls for free trade pact with India to fast track business ties
China, he said, had never pursued a trade surplus and the trade imbalance with India was “largely the result of differences in their industrial structures.
PTI govt set to launch 13 mega agri-projects
The government is set to launch 13 mega projects across the country in an effort to give a fresh boost to the agriculture sector with assistance from China.
Reko Diq, Karkey cases: Pakistan to challenge verdicts of ICSID: Omar
Pakistan government is going to challenge the verdicts of International Centre for Settlement of Investment Disputes (ICSID), said Minister for Power Division.
Rajnath Singh to urge Seoul to stay away from CPEC
For defence minister Rajnath Singh, the immediate tasks at hand include blocking Korean funds from flowing into Pakistan.
Multi-billion dollar fine on Pakistan puts the spotlight on a secret court
The Reko Diq mine case shows the overreach of a secretive arbitration system.
Enhanced market access to US just pie in the sky
Enhanced access for products of Pakistan’s export interest, particularly textile and clothing, to the United States market has been a long-standing demand of both the government and private sector.
TCC moves US court for enforcement of $6bn award in Reko Diq case
Tethyan Copper Company (TCC) has approached a court in the United States for enforcement of US$6 billion penalty imposed on Pakistan
Secretary commerce emphases for FTA with Australia
Pakistan Secretary Commerce, Sardar Ahmad Nawaz Sukhera emphasized on the need of positive consideration from Australian side regarding Pakistan’s request for preferential treatment through Preferential or Free Trade agreement (FTA).