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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


Pakistan wants to revisit 2005 FTA with Sri Lanka
Pakistan has said it wants to revisit the Free Trade Agreement signed with Sri Lanka in 2005.
PTA with Tunisia soon
Tunisia can be a gateway for Pakistani business community to the African countries, says Tunisian Ambassador
Pakistan, Saudi Arabia agree to negotiate FTA
Pakistan and Saudi Arabia agreed to negotiate a free trade agreement for trade liberalisation and increasing the volume between the two countries.
Pakistan, Turkey agreed to revive dialogue on Free Trade Agreement: FM Qureshi
Pakistan and Turkey have agreed to further bolster their trade, economic, investment and defense relations.
Pakistan seeks rejig of economic corridor, trade pact with China
Pakistan seeks to renegotiate FTA as well as China Pakistan Economic Corridor deals
Pakistan to evaluate trade policy on modern lines
Pakistan would evaluate its trade policy according to modern trends, and implement the strategic policy framework 2015/19 in letter and spirit to boost the country’s exports.
Pakistan failed to sign any FTA’s in the last 5 years
Although the government of Pakistan Muslim League Nawaz (PML-N) started the negotiations on various trade agreements including the Free Trade Agreement (FTA) and Preferential Trade Agreement (PTA) with a number of countries, it could not conclude any such agreement in the past five years.
Pakistan, Iran enter final phase of free trade agreement
Ministry of Commerce seeks comprehensive analysis of the agreement; invites request for proposal to conduct research study on Pak-Iran trade ties.
Pakistan, China agree on terms of FTA Phase II
According to official documents, the agreed liberalisation level of 90 percent, tariff lines and trade value have been slashed to 75 percent of tariff lines for both countries and some new terms have also been added to the agreement.
‘Pakistan, China expected to sign revised FTA this year’
Pakistan and China are expected to sign the revised bilateral free trade agreement anytime during this year as the two sided are currently deliberating on the subject, Commerce Minister Pervez Malik said on Tuesday.

    Links


  • Pakistan FTAs
    Webpage maintained by the Ministry of Commerce