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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


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.
US, Pakistan review plan to expand trade, investment
The United States and Pakistan have held initial discussions on a joint plan to expand trade and investment flows over the next five years, says a statement issued on Thursday.
Pakistan, Bahrain to sign BIT
Pakistan and Bahrain will sign Bilateral Investment Treaty (BIT) in addition to other pacts during the visit of King of Bahrain Hamad Bin Isa Al-Khalifa, official sources told Business Recorder.
Govt may revisit all preferential, free trade agreements
The government of Pakistan is revisiting all the FTAs and PTAs as there is a growing realisation among policymakers that they had been poorly negotiated and were now causing injury to the domestic industry, official sources said on Tuesday.
Farmers to resist free trade with India
Punjab’s farmers forged an alliance on Thursday to resist any move to allow free trade with India in agricultural products from Wagah-Attari land route, claiming that such a decision would destroy country’s agriculture and throw its growers out of business.
Talks on BIT require new template, US tells Pakistan
The United States has conveyed to the Pakistan Muslim League government that future negotiations on Bilateral Investment Treaty will be held on the basis of a new template as the old template lapsed in 2012.
Mauritius keen to sign free trade accord
Mauritius is keen to develop economic relations with Pakistan and enter into a free-trade agreement (FTA) to tap the bilateral trade potential, Mauritius Deputy Prime Minister Dr Ahmad Rashid Beebeejaun said on Saturday.
Trade: Pakistan, Indonesia PTA comes into effect
Indonesia and Pakistan have agreed to formally activate the Preferential Trade Agreement with effect from September 1 (Sunday), ensuring greater market access to their products.

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  • Pakistan FTAs
    Webpage maintained by the Ministry of Commerce