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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


MoU signed between LCCI, IVL: Govt trying to promote regional trade through FTAs, PTAs
The government of Pakistan is quite alive to the economic challenges and trying to promote regional trade through Free Trade Agreements and Preferential Trade Agreements.
‘Pakistan-Turkey PTA next year’
Pakistan and Turkey will finalise the Preferential Trade Agreement (PTA) next year to boost bilateral trade, Murat M Onart, Consul General of Turkey said on Monday.
Zardari seeks UAE assistance in free trade agreement with GCC
President Asif Ali Zardari sought United Arab Emirates’s (UAE) help for Free Trade Agreement with GCC countries which would pave the way for increased commercial activity between Pakistan and the Gulf countries.
Authenticity of concessions under PTAs, FTAs: Customs to approach Pakistani missions
Customs authorities have decided to approach Pakistani missions abroad to verify the authenticity of the duty concessions and exemptions availed under the Preferential Trade Agreements (PTAs) and Free Trade Agreements (FTAs).
Pak talks trade pact with India, inches closer to MFN status
Bilateral trade talks between New Delhi and Islamabad inched yet another step towards Pakistan granting India a ‘most favoured nation’ (MFN) status, even as both neighbours today laid “strong foundation” for a preferential trade agreement.
German parliament ratifies BIT with Pakistan
Bilateral Investment Treaty (BIT) signed by Germany and Pakistan in 2009 has been ratified by German parliament and sent to European Commission for final approval.
Pakistan, Russia to go for FTA, currency swap agreement
The leaders of Pakistan and Russia have expressed the willingness to speed up work on the proposed Free Trade Agreement and currency swap arrangement to boost bilateral trade and further strengthen their economic ties.
Pakistan exploring PTA prospects to boost garment exports
Eyeing to boost its garment and other textile items exports, the Government of Pakistan is exploring the prospects of Preferential Trade Agreements (PTAs) with various countries.
President Zardari, King Abdullah for early conclusion of Pak-Jordan FTA
President Asif Ali Zardari of Pakistan and King Abdullah of Jordan on Saturday called for an early conclusion of a Free Trade Agreement and holding of the second round of talks soon for this purpose.

    Links


  • Pakistan FTAs
    Webpage maintained by the Ministry of Commerce