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Pakistan


’Now the agenda will be driven by businessmen: Commerce secretary’
Almost a year after he visited Pakistan to lay the foundation for a change in trade relations between the two neighbours, commerce secretary Rahul Khullar tells Sidhartha things have moved faster than anticipated.
Pak-US investment treaty draft sent to cabinet
The draft of the Pak-US Bilateral Investment Treaty (BIT) has been sent to the Pakistani cabinet for approval, official sources told The News on Monday.
Financial services to be kept out of SAFTA talks: Government
The government has decided to exclude financial services from the SAARC agreement on trade in services, following strong objection from the Reserve Bank of India, or RBI. The central bank has argued that India has already allowed access to foreign banks under the World Trade Organization agreement.
India, Pakistan to start discussions on import duties cut
India and Pakistan will soon begin discussions on a preferential trading arrangement to lower import duties on an array of goods. The talks will be held under ambit of South Asia Free Trade Agreement (SAFTA) signed eight years ago between member states of South Asian Association for Regional Cooperation (SAARC), a senior Indian official said on Saturday.
‘Time is ripe to finalise Pakistan, Morocco FTA’
Pakistan and Morocco should finalise Free Trade Agreement (FTA) as it is conducive to enhance overall trade, which provides comprehensive and legally binding protection to foreign capital, repatriation of principal amount and the profits.
Turkey’s steel exporters stress PTA/FTA
Though trade agreements like Preferential Trade Agreement (PTA) or Free Trade Agreement (FTA) are yet to be signed Pakistan and Turkey despite the claims from both sides for the last eight or so years, visiting Turkish steel exporters have stressed the need for just such agreement in order to boost bilateral trade.
Pak opens door to all Indian products
The Federal government’s decision to liberalise trade with India and cabinet approval to eliminate negative list by year end are going to open country’s doors to Indian products whereas Pakistan has nothing significant to export India except raw gypsum, salt and dry fruits.
Pakistan, GCC negotiating Free Trade Agreement: Dr Asim
Special Assistant to the Prime Minister for Petroleum and Natural Resources Dr Asim Hussain on Thursday said that the Pakistan-Qatar Joint Ministerial Commission (JMC) would provide an excellent opportunity to enhance economic and trade relations between the two countries.
Indonesia offers market access to 216 tariff lines
Indonesia has agreed to offer market access to Pakistan for 216 tariff lines on preferential rate under the Preferential Trade Agreement which was signed in Jakarta on Friday.
RI, Pakistan to further expand trade deal
Indonesia and Pakistan signed a preferential trade agreement on Friday in a bid to boost bilateral economic cooperation and are expected to expand the trade deal into a free trade agreement in the near future.
Heart breaker: US says Pakistan cannot offer much in free trade
The United States has said that a free trade accord is too big for Pakistan as there is no match between the economies of the two countries, says a top official of the commerce ministry.
Pakistan keen to move towards FTA with Thailand: Gilani
Prime Minister Syed Yusuf Raza Gilani on Friday said Pakistan was keen to move towards a Free Trade Agreement with Thailand and stressed focussed talks for increased bilateral trade between the two countries.
Shaukat Aziz not optimistic about free trade with US
Pakistan’s former finance and prime minister Shaukat Aziz is not optimistic about a free trade agreement with the US saying that even when Congress was very friendly, they couldn’t get things through.
Pakistan, Indonesia to sign PTA this month
The signing of the Preferential Trade Agreement by Pakistan and Indonesia is expected this month and will lead to a Free Trade Agreement between the two countries
Senate body briefed on MFN status to India
Trade liberalisation with India has partially been linked to signing of four agreements to remove all tariff and non-tariff barriers that hinder Pakistani exports to Indian market.
Exporters seek early FTA with Indonesia
Pakistani fruit exporters have urged the commerce minister to sign the Free Trade Agreement (FTA) with Indonesia before next month to avail the duty relaxation under the agreement by January 2012.
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.
Industry suggests Pak auto NTBs on Indian goods
Following the expected Most Favoured Nation (MFN) status to India by Pakistan, PAAPAM says both the countries should allow transfer of technology through joint ventures and technical assistance agreements, making the regional industry competitive, say auto industry experts while talking to journalists here on Monday.