bilaterals.org logo
bilaterals.org logo

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


KCCI urges signing FTA with Thailand
Karachi Chamber of Commerce and Industry (KCCI) urged to explore the opportunities of signing Free Trade Agreement (FTA) between Pakistan and Thailand in view of existing tremendous trading potential. Exchanging views with the Consul General of Thailand Wichai Sirisujin President KCCI Haroon Agar proposed Thai Consulate’s and KCCI’s Halal Food Pavilion in the 10th My-Karachi Exhibition 2013.
Broad rules to govern Pak-India free trade urged
Trade and industry in favour of free trade has pleaded with the government to ensure well-defined rules of engagement with Indian government and advised the bureaucracy to do its homework and examine trade factsheet before making any commitment one way or another.
Investment protection: government to develop model text of BITs
Pakistan’s federal government will develop a model text of Bilateral Investment Treaties (BITs) with the assistance of the Ministry of Law and Justice Division to ensure protection to investment on reciprocity basis.
Europe not interested in FTA, PTA with Pakistan
Several European countries have declined Pakistan’s offer for signing a free trade agreement (FTA) or preferential trade agreement (PTA) with them as Pakistan will not agree to their demand of opening the auto sector and government procurement under the said agreements.
KCCI urges signing of FTA with Mauritius
Karachi Chamber of Commerce and Industry urged to pave way forward to sign Free Trade Agreement between Pakistan and Mauritius.
Different trade agreements to boost textile industry
Advisor to Prime Minister on Textile Dr Mirza Ikhtiar Baig said that trade concessions on 65 items from the EU, implementation of GSP plus status from Jan 1, 2014, preferential trade agreement (PTA) with Turkey, signing the second phase of free trade agreement (FTA) with China and trade opportunities with India are reasons for buoyancy in textiles.
‘Its high time to agree on BIT’
The United States Ambassador to Pakistan, Richard Olson, has called for early conclusion of Bilateral Investment Treaty (BIT).
PIAF for tariff concessions as FTA with China expires on December 31
Pakistan Industrial and Traders Associations Front (PIAF) has invited the government attention towards the first phase of Free Trade Agreement (FTA) with China that is expiring on December 31, 2012, and called for more tariff concessions as talks for second phase of the FTA are well on way.
Joint declaration on cooperation between Pakistan, EFTA member states
Senior Minister for Commerce Mr Makhdoom Muhammad Amin Fahim today held a press briefing on "Joint Declaration on Cooperation between the Islamic Republic of Pakistan and the EFTA State" here on Thursday in the Ministry of Commerce at Pak Secretariat.
Govt depts unwilling to sign BIT
Despite US desires to sign a Bilateral Investment Treaty (BIT) with Pakistan without any delay, various government institutions still seem not on the same page making it a serious headache for the ruling PPP to get it through at the earliest.

    Links


  • Pakistan FTAs
    Webpage maintained by the Ministry of Commerce