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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


US, Pakistan review plan to expand trade, investment
The United States and Pakistan have held initial discussions on a joint plan to expand trade and investment flows over the next five years, says a statement issued on Thursday.
Pakistan, Bahrain to sign BIT
Pakistan and Bahrain will sign Bilateral Investment Treaty (BIT) in addition to other pacts during the visit of King of Bahrain Hamad Bin Isa Al-Khalifa, official sources told Business Recorder.
Govt may revisit all preferential, free trade agreements
The government of Pakistan is revisiting all the FTAs and PTAs as there is a growing realisation among policymakers that they had been poorly negotiated and were now causing injury to the domestic industry, official sources said on Tuesday.
Farmers to resist free trade with India
Punjab’s farmers forged an alliance on Thursday to resist any move to allow free trade with India in agricultural products from Wagah-Attari land route, claiming that such a decision would destroy country’s agriculture and throw its growers out of business.
Talks on BIT require new template, US tells Pakistan
The United States has conveyed to the Pakistan Muslim League government that future negotiations on Bilateral Investment Treaty will be held on the basis of a new template as the old template lapsed in 2012.
Mauritius keen to sign free trade accord
Mauritius is keen to develop economic relations with Pakistan and enter into a free-trade agreement (FTA) to tap the bilateral trade potential, Mauritius Deputy Prime Minister Dr Ahmad Rashid Beebeejaun said on Saturday.
Trade: Pakistan, Indonesia PTA comes into effect
Indonesia and Pakistan have agreed to formally activate the Preferential Trade Agreement with effect from September 1 (Sunday), ensuring greater market access to their products.
Pakistan: Bilateral investment treaty model
Keen to attract direct foreign capital, the government of Pakistan has evolved a ‘model template’ that would serve as the basis for negotiations for future bilateral investment treaties.
Bilateral FTA talks with Thailand likely
Pakistan and Thailand on Wednesday agreed to start formal talks on striking a deal on a free trade agreement (FTA) to double the bilateral trade from $1 billion to $2bn until 2015.
Pakistan, Thailand eye free trade agreement
Pakistan and Thailand on Tuesday expressed the resolve to build a strong economic partnership, double their trade volume to $2 billion in the next five years and eventually enter into a free trade agreement (FTA).

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  • Pakistan FTAs
    Webpage maintained by the Ministry of Commerce