Tea used to be Kenya’s major cash crop earner but ever since the world’s largest consumer of tea, Pakistan, entered into a free trade agreement with seven of its Asian neighbours, the local tea industry has been haemorrhaging.
The 4th round of negotiations on FTA in service sector to make the existing FTA more comprehensive has been successfully completed,
The US administration is pushing Pakistan to accept newly placed draft of Bilateral Investment Treaty (BIT), which has been signed only by few African countries, The News has learnt.
Indonesia and Pakistan are actively engaged in negotiations to sign Free Trade Agreement (FTA), which would help in raising the volume of bilateral trade up to one billion dollars mark.
Pakistan and the Republic of Korea will explore the possibility of concluding a Free Trade Agreement (FTA)
Pakistan and the United States have agreed to resume stalled negotiations on Bilateral Investment Treaty (BIT), with the objective of deepening their strategic relations in various fields, a senior US official said Monday.
Bangladesh has decided to sign bilateral free trade agreements (FTA) with three major South Asian trading partners - India, Pakistan and Sri Lanka - in view of the failure of multilateral trading arrangements to serve the country’s interests.
The government will finally take a decision in a meeting today on signing of a free trade agreement (FTA) with its neighbouring trading partners India, Pakistan and Sri Lanka.
A Joint Study Group of Pakistan and Japan considering the feasibility of Free Trade Agreement between Islamabad and Tokyo would submit its draft report to the two governments by the end of November 2008.
Back in June 2003, then Finance Minister Shaukat Aziz, who had signed the Trade and Investment Framework Agreement on Pakistan’s behalf, said that Pakistan hoped the TIFA would eventually lead to a Free Trade Agreement between the two countries. But neither at that time nor in all the years since then has there been any promise from the US side to follow-up on a Free Trade Agreement.
Pakistan and Morocco have agreed to accelerate work on Preferential Trade Agreement and Free Trade Agreement at the conclusion of the First Session of the Joint Ministerial Commission between the two countries held in Rabat on July 17-18, 2008.
Malaysia and Pakistan should exploit their huge consumer market through a free trade agreement (FTA) to support each other’s industrial growth, Pakistani Prime Minister Syed Yousuf Raza Gilani said.
"Enhancement of trade and investment is inevitable for economic integration of SAARC, where enormous potential already exits in areas of trade, investment and services, which need to be tapped in true perspective through pooling up resources and synergizing efforts at Government and Public sector level".
Saudi Arabia has unveiled plans to develop large-scale overseas agricultural projects to secure food supplies, revealing that Riyadh is in discussions with Ukraine, Pakistan, Sudan, Turkey and Egypt.
The second round of negotiations between Srilanka and Pakistan on Comprehensive Economic Partnership Agreement (CEPA) starts in Islamabad today (Tuesday).
Pakistan and Mauritius agreed to operationalise a free trade agreement between the two countries within 18 months to boost South-South trade. Addressing a press conference at the Ministry of Commerce after the conclusion of a three-day 7th Joint Working Group (JWG) meeting, Anand Priyay Neewoor, the head of Mauritius delegation, said the issue of sensitive products would be settled once the FTA became operational between the two countries.
A tactical manoeuvre by Pakistan into bilateral free trade arrangements with several Asian neighbours is threatening to throw its multi-billion shilling-a-year-tea trade with Kenya into a spin.
A top US diplomat has said the conclusion of a bilateral investment treaty with Pakistan would bolster economic and trade ties between the private sectors of the two countries.
President Pervez Musharraf said on Tuesday that Pakistan and China were close to signing another Free Trade Agreement (FTA) on trade and services that would further boost their economic and commercial ties.
The trade agreement has opened central Asian countries adjacent to Pakistan to new Sri Lankan exports.