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Pakistan

The government of Pakistan is a keen pursuer of bilateral trade and investment agreements. It has a full FTA with Sri Lanka (2005), a PTA with Iran (2004) and Mauritius (2007), Early Harvest Schemes with China (2005) and Malaysia (2007), and is part of both ECOTA and SAFTA. It is in various stages of FTA talks, or preparations for talks, with Brunei, Indonesia, Jordan, Thailand, Malaysia, Morocco, Singapore, the Gulf Cooperation Council, Canada, Switzerland, Indonesia, Nepal, China, Turkey and Russia (among others). In July 2006, it signed a Framework Agreement on Trade with Mercosur.

Negotiations on a US-Pakistan bilateral investment treaty, as a step towards a US-Pakistan FTA, have been quite controversial and are unconcluded. After talks restarted in mid-2010, a draft US-Pakistan BIT was sent for approval to Pakistan’s Cabinet in April 2012. The Pakistani government has already signed almost 50 BITs with other countries. In 2011 Germany ratified a BIT with Pakistan.

On a wider scale, there is talk of possible Pakistani FTAs with Afghanistan, Algeria, the EU, Japan, Laos, Mexico, New Zealand, South Africa and Tunisia.

last update: May 2012
Photo: Asian Development Bank/CC BY-NC-ND 2.0


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.
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 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 seeks to boost trade with Sri Lanka to US$ 2 billion
The High Commission of Pakistan in Colombo held the first virtual business forum in collaboration with Sri Lanka Export Development Board (SLEDB) to enhance awareness regarding trade and investment opportunities between the two countries.
Ray of hope for Reko Diq penalty being nixed
Pakistan’s chances of having its $6 billion penalty in the Reko Diq case annulled have received a boost with a committee of the International Centre for Settlement of Investment Disputes (ICSID).
KP businessmen for Pak-China style FTA with Afghanistan
The Khhyber Pakhtunkhwa business community on Tuesday called for signing of a Pak-Afghan Free Trade Agreement (FTA) on the pattern of FTA inked with China.
Japan scouts more Asian players for TPP to cut China dependence
Japan will make a fresh attempt to expand the Trans-Pacific Partnership trade pact to include more Asian economies, such as Thailand, Taiwan, Indonesia and the Philippines, after the new coronavirus exposed the risks of supply chains overly dependent on China.
Pakistan to step up ties with Singapore
Pakistan is looking to step up its relations with Singapore in various fields with the possible signing of bilateral agreements and exchanging high level political visits between the two countries.

    Links


  • Pakistan FTAs
    Webpage maintained by the Ministry of Commerce