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Pakistan


Pak-US Trade Talks to Conclude Next Week
Pakistan and US trade talks expected to conclude next week, aiming for a strategic and investment partnership. Finance Minister Aurangzeb and US Commerce Secretary Lutnick discussed expediting the agreement.
Trump says Pakistani representatives coming to US next week for trade talks
US President Donald Trump said representatives from Pakistan are coming to the United States next week as the South Asian country seeks to make a deal on tariffs.
China, Pakistan, Afghanistan agree to expand CPEC during trilateral talks
China, Pakistan, and Afghanistan have agreed to expand the China-Pakistan Economic Corridor (CPEC) to Afghanistan, deepening cooperation on trade, infrastructure, and development as part of the Belt and Road Initiative (BRI).
PTA with Japan sought to ease tariffs
Pakistan has raised serious concerns over high tariffs imposed by Japan and calls for entering into a bilateral Preferential Trade Agreement to ensure fair competition and balanced tariffs.
Pakistan agrees to IMF’s demand for tariff cuts, trade liberalisation: report
The Pakistani government has agreed to a key International Monetary Fund (IMF) demand to reduce effective average import tariffs by one-third over the next five years, aiming to lower the average tariff to 7.1%.
10 MoUs with Indonesia on cards
Indonesia and Pakistan plan to strengthen ties through new agreements and a potential FTA, focusing on trade in key sectors like food, pharmaceuticals, and EVs. Indonesia, a major nickel producer, aims to expand its EV supply chain, while both countries seek joint ventures in lithium batteries and palm oil production. The collaboration aims to address the current trade imbalance and leverage Indonesia’s strong economic growth.
Thailand seeks swift finalisation of FTA
Thailand Ambassador Rongvudhi Virabutr urged the Karachi Chamber of Commerce and Industry to foster and push the government to finalise the FTA as soon as possible.
Thailand seeks swift finalisation of FTA
Karachi businesses are urging a quick FTA with Thailand to boost trade, currently at $1.1B. While acknowledging the trade imbalance, both sides see potential for growth, especially in services and investment. Concerns about local industry protection and export diversification were raised, along with calls for streamlined business practices and the new Thai e-visa.
Senate committee terms FTAs with China, Sri Lanka ‘disastrous’ for Pakistan
Lawmakers criticize poor trade negotiations, call for review of barter trade with Iran.
S. Korea, Pakistan agree to launch economic partnership negotiations
South Korea and Pakistan have agreed to begin negotiations for an Economic Partnership Agreement (EPA) to increase bilateral trade. The EPA, announced during a meeting between trade ministers in Seoul, aims to create a beneficial trade network, focusing on areas like digital technology, IT, and the automobile sector.
Thailand-Pakistan trade talks revived after decade
Key priorities include resuming negotiations for a Free Trade Agreement and strengthening collaboration in industries such as food, textiles, gems and jewelry, fisheries, and tourism.
Pakistan set to ink economic partnership deal with Korea
Federal Minister for Commerce Jam Kamal Khan is set to embark on an official visit to South Korea to sign the Economic Partnership Agreement, marking a significant step towards enhancing bilateral economic cooperation.
Pakistan, Kenya agree to promote free trade amid Islamabad’s push for economic growth
Pakistan and Kenya have agreed on a free trade agreement and mutual cooperation to enhance business and investment opportunities.
GoP receives notice from Halmore power company regarding ‘forced’ negotiated settlement
The government of Prime Minister Shehbaz Sharif has received a formal notification regarding a claim from the owner of Halmore power company.
UK may consider free trade agreement with Pakistan, says envoy
British High Commissioner to Pakistan Jane Marriott indicated that the United Kingdom may consider a Free Trade Agreement (FTA) with Pakistan in the future, noting that the current trade volume of £4.1 billion is at its lowest and requires improvement.
Malaysia ready to renegotiate FTA
Malaysia and Pakistan will renegotiate their Free Trade Agreement (FTA). This follows Malaysian Prime Minister Anwar Ibrahim’s recent visit to Pakistan, where both countries signed several MoUs to enhance trade and investment.
Tehran, Islamabad agree to remove trade barriers
Pakistan’s Comm­erce Minister is scheduled to visit Tehran in the next two months to reach an agreement on the finalization of the free trade list between Tehran and Islamabad.
Pakistan, Russia plan free Trade Agreement with Eurasian Economic Union
Pakistan and the Eurasian Economic Union explored the possibilities for implementing a free trade agreement and plan to continue discussions to finalize the agreement.
Pakistan moves to join MERCOSUR
Cabinet approves framework trade agreement with South American trade bloc.