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Pakistan
Pakistan and the United States have agreed to resume negotiations on a Bilateral Investment Treaty (BIT) through broad inclusion of stakeholders from both sides, said an official announcement.
Pakistan has faced claims worth $1 billion and could lose hundreds of millions of dollars more because of international investment treaties that are contrary to the interests of the country, asserted UK-based corporate lawyer Mahnaz Malik.
President Asif Ali Zardari has said that Pakistan has keen interest in concluding a free trade agreement (FTA) with the Gulf Cooperation Council (GCC) and seeks Kuwait’s support in this regard.
A Memorandum of Understanding (MoU) was signed between the Federation of Chambers of Commerce and Industry of Sri Lanka (FCCISL) and Federation of Pakistan Chambers of Commerce and Industry (FPCCI) at the Sri Lanka-Pakistan Business Forum 2010 yesterday.
Nepal and Pakistan are planning to ink Free Trade Agreement during the meeting of Joint Economic Commission scheduled for October.
A three-day seminar on “Pakistan’s Free Trade Agreement with China” has started here on Monday.
PML-N chief Nawaz Sharif urged Richard Holbrooke to support Pakistan’s efforts to finalize a Free Trade Agreement with the US and to encourage greater American investment in Pakistan, especially in its energy and power sectors, as these will have a direct bearing on the country’s economy.
The United Sates has suspended talks on bilateral investment treaty (BIT) with Pakistan, saying that it plans to change its template, a senior official of the Commerce Ministry said on Wednesday.
A trade agreement between any two countries is based on mutually beneficial terms while Pakistan has inked the Afghan – Pakistan Transit Trade Agreement that tends to compromise our national interests and will eventually hurt the domestic industry.
Pakistan and Nepal plan to ink a Free Trade Agreement (FTA), with a high-level bilateral task force set to finalise the pact soon in a bid to boost bilateral trade and business, a news report said today.
China has pledged to provide trade concessions to Islamabad that it is not getting from the United States and European Union
The Board of Investment (BoI) has been tasked to formulate Special Economic Zone Act (SEZA), update the existing Promotion and Protection of Investment Act 1976 and conclude Bilateral Investment Treaties (BIT) and Free Trade Agreement (FTA) with other countries specially the United States.
Pakistan does not keep in line with the provisions of South Asian Free Trade Agreement (SAFTA) concerning imports from India, said Sharat Sabharwal, High Commissioner of India during his visit to the Karachi Chamber of Commerce and Industry (KCCI) on Wednesday.
Pakistan and China have increased bilateral trade agreements with the help of the Free Trade Agreement (FTA) which was signed between the two countries in 2005.
The European Union told Pakistan on Friday it could gain increased access to EU markets in one to three years but ruled out immediately granting Islamabad new trade concessions.
Pakistan and the United States are scheduled to restart negotiations on Bilateral Investment Treaty (BIT) in the third week of May
Pakistan and Nepal have decided to hold their joint economic commission’s meeting this year in Islamabad. It is stalled for the last five years.
China and Pakistan, which have strongly increased bilateral trade this decade with the help of a series of free-trade agreements (FTAs), have committed to doubling their commerce within the next three to four years.
Talks of signing of FTA between Pakistan and GCC have been making the rounds for several years but both sides have only now reached at some concrete work to move ahead.
Pakistan is to appeal for free trade access to, and eventually a free trade agreement with, Europe during a landmark summit with EU leaders next month
