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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


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.
Japanese companies keen to invest in Pakistan
Japan on Tuesday termed Pakistan investment policy as best in the region and said Pak-Japan Bilateral Investment Treaty would help encourage Japanese investment in Pakistan.
Pak-US hectic talks on BIT draft
Pakistan and the United States remained engaged on Friday to narrow their differences over the draft of Bilateral Investment Treaty (BIT) which Islamabad and Washington have been discussing since March 2012
Pakistan, China FTA review: MoI, industrialists begin consultations
Ministry of Industries (MoI) has started consulting with industrial representatives ahead of talks between Pakistan and China as part of the process to review Free Trade Agreement (FTA). Both countries signed FTA on November 24, 2006 which according to business circles has hurt some local industries very badly.
Pakistan businessmen want legal cover for their investment in India
Pakistani businessmen who intend to invest in India should be given legal cover to ensure that no future government in Delhi reverses the decision to allow investments from Pakistan, a leading trade lobby has said.
MoC seeks trade agreement with South American countries
Pakistan’s Ministry of Commerce is negotiating trading arrangements with Mercosur countries like Brazil, Argentina, Paraguay, Uruguay, Venezuela and Andean Community (CAN) a trade bloc comprising the South American countries of Bolivia, Colombia, Ecuador and Peru to increase it’s trade market access.

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  • Pakistan FTAs
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