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Pakistan

2nd phase of CPEC starts with establishment of SEZs in various parts of country
7-Jan-2020 The Nation
The second phase of the China Pakistan Economic Corridor (CPEC), a flagship project of Belt and Road Initiative has started with the establishment of special economic zones in various parts of the country.
Second phase of China, Pakistan FTA effective from today
2-Jan-2020 Business Recorder
The second phase of China Pakistan Free trade Agreement (CPFTA-II) has initiated from today January 1, 2020.
Negotiations on FTA between Pakistan, Thailand in final stage: Kamboh
2-Jan-2020 Urdu Point
Negotiations on FTA between Pakistan and Thailand are in final stage, however, Pakistani exports must prepare themselves right now to penetrate deep into the South East Asian markets through Thailand with full preparedness.
Trade, not aid, is the way to persuade Pakistan to buck China’s influence
19-Dec-2019 National Interest
As with many other countries, Pakistan’s FTA with China has had a devastating impact on its domestic SMEs. Beijing and Islamabad have a strategic partnership, but the Chinese remain cutthroat competitors in trade.
Tariff concessions under CPFTA from Jan 1
11-Dec-2019 DAWN
The Pakistan government has announced that tariff concessions on goods under the revised FTA with China will come into effect from Jan 1, 2020 after seven years of negotiations.
Pakistan, Qatar to sign trade pacts soon
10-Dec-2019 The Express Tribune
Pakistan and Qatar have agreed in principle on a preferential trade agreement (PTA) and a free trade agreement (FTA) to enhance bilateral trade. The agreements will soon be signed after necessary formalities.
Pak-China FTA (2nd phase) comes into force today
2-Dec-2019 Pakistan Observer
Pakistan and China trade will get a big a boost with the implementation of second phase of their free trade agreement from December 1.
How World Bank arbitrators mugged Pakistan
27-Nov-2019 Project Syndicate
Thanks to the World Bank’s flawed and corrupt investment arbitration process, the rich are making a fortune at the expense of poor countries.
Turkish companies keen to invest in SEZs
18-Nov-2019 Express Tribune
Waheed said that Pakistan and Turkey have been negotiating a free trade agreement and many rounds of talks have already been held for this purpose.
Pak-China FTA to become effective from Dec
12-Nov-2019 The News
China has approved the premature activation of the free trade agreement with Pakistan. This is the second phase of FTA with china that was signed in Beijing in April 2019.
Thailand awaits Pakistan’s progress on FTA: Thai envoy
6-Nov-2019 International The News
Thailand has already submitted a list of around 200 items to be traded between the two countries under the proposed Free Trade Agreement (FTA), but Pakistan government’s response and progress was waited.
Pakistan escapes $1.2 billion penalty as Turkey helps resolve Karkey dispute
5-Nov-2019 Business Recorder
The Karkey dispute between the government and a Turkish ship-based energy firm has finally been resolved due to efforts of Turkish government, Prime Minister Imran Khan said.
’$1.2b penalty in Karkey case likely to be waived’
21-Oct-2019 Express Tribune
International institutions, through high-level backdoor contacts, have agreed to waive off the $1.2 billion penalty Pakistan has to pay to Turkey’s Karkey, senior lawyer Babar Awan said.
Reko Diq challenge: government looking for out-of-court settlement
16-Oct-2019 Business Recorder
The Adviser to Prime Minister on Finance and the Attorney General for Pakistan are meeting with the company’s board.
Australia uninterested in a free trade agreement with Pakistan
10-Oct-2019 Dawn
Australia has refused to offer preferential market access to Pakistan on the grounds that the country has a very limited basket of tradable goods and services.
Over $100 million paid to Karkey as penalty, claims Sherry
27-Sep-2019 Business Recorder
Pakistan has paid over $100 million to Turkish rental power company Karkey as a penalty out of $800 million, Senator Sherry Rehman has said.
Senate body opposes setting up CPEC authority through ordinance
26-Sep-2019 The News International
The Senate Special CPEC has opposed setting up CPEC Authority through Presidential Ordinance, arguing that they would not accept any proposal without being presented to Parliament for approval.
China calls for free trade pact with India to fast track business ties
25-Sep-2019 Hindustan Times
China, he said, had never pursued a trade surplus and the trade imbalance with India was “largely the result of differences in their industrial structures.
PTI govt set to launch 13 mega agri-projects
18-Sep-2019 The Express Tribune
The government is set to launch 13 mega projects across the country in an effort to give a fresh boost to the agriculture sector with assistance from China.
Reko Diq, Karkey cases: Pakistan to challenge verdicts of ICSID: Omar
10-Sep-2019 Business Recorder
Pakistan government is going to challenge the verdicts of International Centre for Settlement of Investment Disputes (ICSID), said Minister for Power Division.