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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


S. American group ready for PTA talks with Pakistan
MERCOSUR, a trading zone of South American countries, has agreed to initiate a preferential trade agreement (PTA) with Pakistan.
1st report on FTAs with 9 major countries prepared
The first draft of the report on free trade agreements between Pakistan and its nine major trading partners has been completed, an official told Daily Times on Saturday.
Pakistan and Bahrain agree to open talks on FTA: MoU signed
Pakistan and Bahrain on Monday agreed to initiate talks on Free Trade Agreement (FTA), boost co-operation in trade, economic and defence fields as Bahrain Prime Minister Shaikh Khalifa bin Salman al-Khalifa began a three-day visit to the country.
Pak, US discuss FTA
Commerce Secretary Tasneem Noorani held a detailed discussions at the Office of the United States Trade Representative in Washington DC the other day along with their team of experienced negotiators to study details of a free trade agreement (FTA) with USA.
Musharraf meets Thaksin: FTA between Thailand, Pakistan in offing
Pakistan and Thailand moved closer to free trade pact as leaders of the two countries moved closer for establishing an agreement on the topic after they met over the weekend, credible sources said here on Monday.
Humayun for joint ventures with Sri Lanka
Pakistan and Sri Lanka will allow duty free access to hundreds of products on bilateral basis under the Free Trade Agreement (FTA), to be effective from June 12 this year.
Thailand supports Pakistan’s ASEAN bid
Thailand on Monday became the first non-Muslim country to support Pakistan’s bid to become a full dialogue partner of the Association of South East Asian Nations (ASEAN) and agreed to start talks on a Free Trade Agreement (FTA) with the South Asian country.
FTA with Sri Lanka to double bilateral trade
As free trade agreement between Pakistan and Sri Lanka is set to be effective from June 1st exporters believe the development would prove a boon to increase the trade figures by 100 percent and major imports from the Island are expected to cost 50 percent lesser.
Turkey to sign PTA with Pakistan
Turkey will prefer signing a Preferential Trade Agreement (PTA) with Pakistan Recept Demir, commercial counsellor, embassy of Turkey said during a meeting with the members of Federation of Pakistan Chamber of Commerce and Industry on Friday.
FTA talks held with US
Federal Commerce Minister Humayun Akhtar Khan Thursday said Pakistan was negotiating grant of Free Trade Agreement (FTA) status with the United States, which would benefit Pakistan in alleviation of poverty and bringing prosperity to the people.

    Links


  • Pakistan FTAs
    Webpage maintained by the Ministry of Commerce