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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


FTA talks with Nigeria on the cards
Pakistan is working on a proposal for early initiation of negotiations with Nigeria on Free Trade Agreement (FTA) to boost bilateral trade.
Pakistan: Government to move carefully in approving US-proposed BIT
The government has decided to move carefully in respect to approving the new Bilateral Investment Treaty (BIT) template proposed by the United States as it contains clauses with far-reaching negative implications for the economy of Pakistan.
Pakistan likely to expand FTA trade with Sri Lanka
Pakistan, Sri Lanka’s second largest trade partner in the region, has indicated interest in expanding its free trade agreement (FTA) trade with the island, creating growth in bilateral trade, which already exceeds the US $ 460 million mark, according to Sri Lanka’s trade ministry.
Trade experts see nothing concrete in Pak-US action plan
The Joint Action Plan signed last week by Pakistan and the US in Washington under Trade and Investment Framework Agreement (Tifa) is more of a goodwill gesture than anything concrete that can benefit the country, according to experts.
Pakistan still pays 9pc duty on leather export to China under FTA regime
Pakistan is not benefiting from Free Trade Agreement with China, as the leather industry is still paying around 9 per cent import duty on its export goods to China owing to non-implementation of zero-duty under FTA regime.
Implementation of FTA with Indonesia urged
Emphasising the need for enhanced trade relations between Pakistan and Indonesia, the Chairman Senate Syed Nayyer Hussain Bokhari on Thursday observed that the Free Trade Agreement (FTA) between the two needs to be implemented in letter and spirit for mutual growth and prosperity.
Minister hints at FTA with Japan
Commerce Minister Khurram Dastgir Khan on Wednesday said that negotiations on signing of a free trade agreement with Japan were progressing.
FTAs with China, Malaysia damaging poultry industry
Free Trade Agreements signed with Malaysia as well as China, without taking the real stakeholders onboard, are damaging the local poultry industry, as the imports of processed chicken products under FTA with Malaysia are subject to zero percent import duty and from China at 16% import duty.
Comprehensive FTA with South Korea proposed: Mamnoon
President Mamnoon Hussain on Tuesday urged the need for transforming the traditional close and cordial relationship between Pakistan and Republic of Korea into a substantive trade and economic partnership to the mutual benefit of the peoples of the two countries. The President stated this during his meeting with Chung Hong-won, Prime Minister of the Republic of Korea here at the Presidency.
Pakistan seeks free trade agreement with South Korea
Prime Minister Nawaz Sharif said Monday that Pakistan sought a free trade agreement with South Korea, DawnNews reported.

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  • Pakistan FTAs
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