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MFN status to Pakistan remains fruitless for agri sector: USAID
The Most Favoured Nation status to Pakistan could not prove instrumental in increasing agriculture exports to India, observed a report sponsored by the United States Agency for International Development (USAID).
Pak-India ties to pave way for S Asia Free Trade Zone
There are several safeguarding measures under WTO regime to save industry even after normalisation of trade with India, as delay in this regard will jeopardise the process of liberalisation of trade between the two neighbours.
Thailand to sign FTA with Pakistan
Thailand has expressed its intention to sign a Free Trade Agreement with Pakistan to further promote trade and economic relations between the two countries.
Europe not interested in FTA, PTA with Pakistan
Several European countries have declined Pakistan’s offer for signing a free trade agreement (FTA) or preferential trade agreement (PTA) with them as Pakistan will not agree to their demand of opening the auto sector and government procurement under the said agreements.
KCCI urges signing of FTA with Mauritius
Karachi Chamber of Commerce and Industry urged to pave way forward to sign Free Trade Agreement between Pakistan and Mauritius.
Duty-free access: Infrastructure hurdles restrict Pak-India trade
Businessmen and traders of Pakistan and India have agreed that infrastructure bottlenecks are hindering the growth in trade relations between the two sides and these should be removed to deepen the ties.
Different trade agreements to boost textile industry
Advisor to Prime Minister on Textile Dr Mirza Ikhtiar Baig said that trade concessions on 65 items from the EU, implementation of GSP plus status from Jan 1, 2014, preferential trade agreement (PTA) with Turkey, signing the second phase of free trade agreement (FTA) with China and trade opportunities with India are reasons for buoyancy in textiles.
Thailand, Pakistan to move forward in signing PTA, FTA
Thailand and Pakistan move forward to sign accords for Preferential Trade Agreement (PTA) leading to Free Trade Agreement (FTA).
‘Its high time to agree on BIT’
The United States Ambassador to Pakistan, Richard Olson, has called for early conclusion of Bilateral Investment Treaty (BIT).
PM asked to facilitate out of court resolution
The Ministry of Petroleum and Natural Resources (MoPNR) has written a letter to Prime Minister Raja Pervez Ashraf to persuade the Balochistan government to settle the Reko Diq issue out of court, fearing a penalty of Rs39 billion by the International Centre for Settlement Investment Disputes (ICSID).
PIAF for tariff concessions as FTA with China expires on December 31
Pakistan Industrial and Traders Associations Front (PIAF) has invited the government attention towards the first phase of Free Trade Agreement (FTA) with China that is expiring on December 31, 2012, and called for more tariff concessions as talks for second phase of the FTA are well on way.
Joint declaration on cooperation between Pakistan, EFTA member states
Senior Minister for Commerce Mr Makhdoom Muhammad Amin Fahim today held a press briefing on "Joint Declaration on Cooperation between the Islamic Republic of Pakistan and the EFTA State" here on Thursday in the Ministry of Commerce at Pak Secretariat.
Govt depts unwilling to sign BIT
Despite US desires to sign a Bilateral Investment Treaty (BIT) with Pakistan without any delay, various government institutions still seem not on the same page making it a serious headache for the ruling PPP to get it through at the earliest.
Indonesia gaining palm-oil sales in Pakistan, Dalda Foods says
Indonesia, the largest palm-oil producer, has been gaining market share in Pakistan and may extend its position after a free-trade agreement, or FTA, comes into effect, according to Dalda Foods Pakistan, an importer.
Japanese companies keen to invest in Pakistan
Japan on Tuesday termed Pakistan investment policy as best in the region and said Pak-Japan Bilateral Investment Treaty would help encourage Japanese investment in Pakistan.
WTO hopes regional integration from Pak-India trade boost
The decision taken by Pakistan and India to scale down tariff to a maximum of 5% and remove all non-tariff barriers (NTBs) by 2020 will lead to regional integration, according to an official of the Geneva-based World Trade Organisation (WTO).
Pak-US hectic talks on BIT draft
Pakistan and the United States remained engaged on Friday to narrow their differences over the draft of Bilateral Investment Treaty (BIT) which Islamabad and Washington have been discussing since March 2012
Pakistan, China FTA review: MoI, industrialists begin consultations
Ministry of Industries (MoI) has started consulting with industrial representatives ahead of talks between Pakistan and China as part of the process to review Free Trade Agreement (FTA). Both countries signed FTA on November 24, 2006 which according to business circles has hurt some local industries very badly.
Pakistan businessmen want legal cover for their investment in India
Pakistani businessmen who intend to invest in India should be given legal cover to ensure that no future government in Delhi reverses the decision to allow investments from Pakistan, a leading trade lobby has said.
MoC seeks trade agreement with South American countries
Pakistan’s Ministry of Commerce is negotiating trading arrangements with Mercosur countries like Brazil, Argentina, Paraguay, Uruguay, Venezuela and Andean Community (CAN) a trade bloc comprising the South American countries of Bolivia, Colombia, Ecuador and Peru to increase it’s trade market access.