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Pakistan


Reko Diq settlement hangs by thread
The government urged all stakeholders to complete pending actions hampering the conclusion of the $900 million settlement deal in the Reko Diq case to avoid a $5.9 billion penalty.
Pakistan leader in Beijing for talks on economic ties, CPEC ‘revitalisation’
Pakistani Prime Minister Shehbaz Sharif arrived in Beijing on Tuesday, where he is expected to discuss economic ties and reviving a stalled infrastructure and investment project.
Signing of PTA can boost bilateral trade: Tunisia envoy
Negotiations on a preferential trade agreement between Tunisia and Pakistan, which started three years ago, are near to be finalised.
President stresses for early CEPA finalization with UAE to increase exports
Pakistani President urged the need for early finalization of the Comprehensive Economic Partnership Agreement with the United Arab Emirates to enable Pakistan to increase its exports.
BITs with EC, South Asia to continue
Pakistani government decides to avoid future investment treaties and cancels agreements posing legal risks.
Bilawal, Norwegian FM for early conclusion of FTA between Pakistan, EFTA
Foreign Minister Bilawal Bhutto Zardari and his Norwegian counterpart Ms. Anniken Huitfeldt Tuesday underlined the importance of early conclusion of Free Trade Agreement (FTA) between Pakistan and European Free Trade Association (EFTA).
President calls for enhancing trade, investment with Korea
President Dr Arif Alvi has said there is a need to explore new avenues of cooperation between Pakistan and Korea for further enhancing bilateral trade and investment.
Pakistan, Turkey sign Preferential Trade Agreement
Pakistan and Turkey on Friday signed the Preferential Trade Agreement (PTA) aimed at boosting trade in goods between the two countries.
Turkey offers duty relief on 261 tariff lines
Turkey has offered concessions to Islamabad on 261 tariff lines, which include key items of Pakistan’s export interest from both the agriculture and industrial sectors.
Turkish firms move WB, seek $230m award against Pakistan
Two Turkish waste management companies have filed a complaint in the International Centre for Settlement of Investment Disputes (ICSID) seeking a $230 million award against Pakistan
Pakistan, Turkey to boost bilateral trade
Pakistan and Turkey agreed to constitute a joint task force under the coordination of their commerce and trade ministries to develop a comprehensive road map, covering the issues connected to bilateral trade.
Pakistan and Gulf Coop Council agree to conclude negotiations on FTA
Pakistan and the Gulf Cooperation Council (GCC) has agreed to complete the negotiations on Free Trade Agreement (FTA).
Pakistan-Uzbekistan free trade deal on the cards
Uzbekistan’s Ambassador to Pakistan Aybek Arif Usmanov hinted at the possibility of inking the FTA.
Ousted Pakistani leader as challenging investment treaties that give corporations excessive power
Mexico and many other countries are facing anti-democratic corporate lawsuits like the case that pushed Khan to withdraw from international investment agreements.
Imran Khan’s Reko Diq Deal is malicious for Balochistan
Several aspects of Reko Diq deal with Barrick Gold are still concealed and Balochistan is not aware of the details of the agreement, say civil society members and politicians from the region.
Pakistan evades $11b Reko Diq penalty
In 2019, the ICSID tribunal had given an award over $6 billion against Pakistan to the TCC. At the same time, the London Court of Arbitration also imposed another $4 billion fine on Pakistan.
Pakistan, China may renegotiate FTA benefits
Islamabad wants more concessions exclusive to its products.
TIFA talks: US raises taxation issues with Pakistan
The United States on Monday raised issues related to taxation, transparency, good governance and intellectual property rights during discussion in Trade and Investment Framework Agreement (TIFA).
US-Pakistan TIFA talks start today with view to boost ties
Pakistan and the United States (US) are all set to hold parlays on bilateral trade and investment under the umbrella of Trade and Investment Framework Agreement (TIFA) on March 7-9, 2022.
Pakistan, Uzbekistan to sign PTA
Pakistan and Uzbekistan will sign a preferential trade agreement this week to lower duties on nearly three-dozen products in the range of 20% to 100%.