Pakistan Prime Minister Shaukat Aziz and his Malaysian counterpart Datuk Seri Abdullah Ahmad Badawi had agreed upon the need for early finalization of Free Trade Agreement (FTA) between the two countries, the Saudi Press Agency reports Monday.
Prime Minister Shaukat Aziz and the Prime Minister of Malaysia Dr. Abdullah Badawi Sunday agreed upon the need for early finalization of FTA (Free Trade Agreement) between the two countries.The mutual consent was expressed during a telephonic conversation between the two Prime Ministers this afternoon.
The Sri Lankan High Commissioner in Pakistan said this week that the potential to expand trade between the two countries will be facilitated by the recently inked Free Trade Agreement (FTA).
Describing Bangladesh and Pakistan’s fears about having open trade with India as "completely misplaced", former External Affairs Minister Yashwant Sinha on Sunday asked them to understand the logic of mutual economic benefits which should triumph over politics.
Pakistan and Sri Lanka have great potential to expand their trade relations which will be supplemented by the Free Trade Agreement (FTA) between the two countries. This was stated by Dr S B Dorakunbura, High Commissioner of Sri Lanka to Pakistan, at a meeting with Tanvir Ahmad Sheikh President, FPCCI, at the Federation House, Karachi, on Saturday.
Minister for commerce Humayun Akhtar Khan has said rise and fall in trade deficit is part of government policies and commerce ministry has no role behind it.
Minister for Commerce, Humayun Akhtar Khan said on Wednesday said that Pakistan -Malaysia have concluded negotiations on a bilateral Free Trade Agreement (FTA) and it will be signed within next two - month for improving trade and investment between them. "The initiative includes trade in goods, trade in services , investment and Economic cooperation", he told a press conference here at a local hotel today.
Malaysia will allow import of Pakistan’s textile products free of duty under a new free trade agreement.
All Parties Hurriyat Conference senior leader and Chairman Jammu and Kashmir Salvation Movement Zaffar Akabar Bhat on Thursday appealed the European Union to cancel the FTA with India due to its poor human rights record across the Occupied Jammu and Kashmir where, from the last 18 years Indian soldiers are not only killing the innocent people but also disappearing the youth and dumping them in fake encounters aimed at converting the majority of Muslim population into minority .
The European Commission on Thursday ruled out the possibility of a Pak-EU FTA in the near future and said that this requires a detailed review and better understanding of the proposal.
Italy has strongly supported Pakistan’s case for Free Trade Agreement (FTA) with the European Union and given assurance to encourage Italian investment in Pakistan.
One of the key impediments to Pakistan’s ability to become a robust performer in free trade tie-ups with a growing number of countries is the country’s worsening internal political environment. As someone said once, investors are like pigeons. They come one by one but all fly together when the going gets rough.
The proposed Pak-US Bilateral Investment Treaty (BIT) is in the doldrums as the two sides have differences in certain areas and are showing no flexibility in their stances.
In a major breakthrough, Pakistan and Malaysia have decided to announce the much-awaited deal for free trade agreement (FTA) during the visit of Prime Minister Shaukat Aziz to Kuala Lumpur scheduled for May 27-29.
Prime Minister of Czech Republic Mirek Topolanek has assured Pakistan that being the European Union member, Prague would play its role in strengthening Islamabad’s relations and striking a Free Trade Agreement with the bloc.
Modalities for a Free Trade Agreement (FTA) between Pakistan and Brunei Darussalam are being finalised and hopefully the agreement would be in place by the end of this year. This was stated by Pakistan’s High Commissioner to Brunei Darussalam Major General (retd) Syed Haider Jawed, while speaking at Lahore Chamber of Commerce and Industry (LCCI) on Thursday.
Pakistan, which is keen on exporting cement and wheat to India, on Thursday said it is willing to fulfil its SAFTA commitments if the issue of non-tariff barriers are addressed.
US intends to go ahead to Free Trade Agreement with Pakistan after striking a mutual investment deal with Pakistan.
Trade bodies and associations have asked the government to pursue trade policy for at least three to five years and implement it in letter and spirit.
Pakistan is in violation of the agreement on South Asian Free Trade Area (SAFTA) and the Vienna Convention by discriminating against India in the implementation of the regional accord, aside from risking its credibility as a negotiating partner, Indian High Commissioner Satyabrata Pal told a conference.