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Pakistan


D-8 nations should sign PTAs
Nations of the D-8 should sign a much-needed preferential trade agreement to remove tariff and non-tariff barriers, ministers and entrepreneurs of the trade bloc said.
Federal cabinet defers BIT strategy
The federal cabinet said to have deferred bilateral investment treaty (BIT) strategy for Pakistan proposed by the Board of Investment (BOI) to draw a roadmap for the future bilateral investment treaties.
Islamabad, Kabul give three-month extension to transit trade agreement
A protocol was signed here on Thursday to give a three-month extension to Afghanistan-Pakistan Transit Trade Agreement 2010 to continue the facility for the landlocked country.
US, Central Asian countries agree to focus on digital trade issues
Trade officials in the meeting of the US-Central Asia Trade and Investment Framework Agreement (TIFA) discussed the importance of digital trade for achieving broad-based inclusive economic growth and innovation.
Most of BITs to be scrapped
Pakistan has reportedly decided to scrap most of its existing Bilateral Investment Treaties as these pacts are shrinking the government’s policy space with respect to adopting measures of public interest.
Pakistan promotes Belt and Road port for Central Asian trade
Pakistan is offering access to Gwadar port, a strategic component in China’s Belt and Road Initiative (BRI), to landlocked Central Asian countries in the hope of stimulating activity at the idle facility.
Pakistan, Uzbekistan discuss transit, preferential trade agreements
Pakistan and Uzbekistan have agreed to enhance trade relations while discussing the progress made on bilateral transit trade agreement, Preferential Trade Agreement, banking and visa issues, and aviation and customs cooperation.
Pakistan says expects free-trade talks with Gulf countries by June
The Gulf Cooperation Council (GCC) has reached out to Pakistani authorities to resume negotiations on a free trade agreement (FTA) by June this year, a top Pakistani diplomat in Riyadh said.
PTI govt has not signed or ratified any BIT as yet
Sources said that the government will have its own template for a BIT, which will replace the existing treaties with different countries.
VI court freezes assets in $6b case
A Virgin Islands court has frozen shares in two hotels belonging to Pakistan’s national airline to enforce a $6 billion award levied through the World Bank’s ICSID.
Will Pakistan lose New York’s Roosevelt Hotel?
The Investor-State Dispute Settlement process has gone against developing countries for far too long.
Pakistan, Korea agree to hold further talks on trade
Pakistan and the Republic of Korea have agreed to hold further negotiations on the proposed Free Trade Agreement (FTA) for increasing bilateral trade and promote free trade between the two countries.
3rd round of trade talks with S. Korea
Pakistan and South Korea held third round of the Joint Trade Committee meeting. The prospects of a Free Trade Agreement was discussed.
Thailand proposes virtual talks for FTA with Pakistan
Thai envoy proposed to virtually restart long-stalled talks on Free Trade Agreement (FTA) with Pakistan, pending since 2015.
Reko Diq Case: NAB unearths corruption to the tune of billions
National Accountability Bureau (NAB) Balochistan has collected irrefutable evidence revealing that billions of rupees have been lost to the national exchequer in the Reko Diq project after the bureau scrutinized its 30-year record.
Pakistan, Bosnia sign trade agreements and more
Pakistan and Bosnia on Wednesday agreed to strengthen the ties and improve trade between the two countries.
Pakistan seeks to reform int’l investment regime
Prime Minister Imran Khan has approved the formation of a working group of experts for reforming Pakistan’s international investment regime.
EU-Vietnam FTA, expiry of GSP+ may hit Pakistani exports
Pakistani exporters fear that a Free Trade Agreement (FTA) between Vietnam and European Union (EU) and expiry of GSP+ status in 2023 will severely hit Pakistan’s exports to European countries.
Pakistan eyes preferential trade with Afghanistan
Pakistan would discuss a preferential trade agreement with Afghanistan, as the two neighbours would open talks on a new transit trade agreement.
Pakistan: China’s ’involvement’ in deep sea fishing angers local fishermen
Fishermen’s associations claim that Chinese trawlers have docked at a Karachi port, allegedly for the purpose of deep sea fishing. They fear that Chinese companies are slowly taking over Pakistan’s fishing sector.