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Pakistan


Sri Lanka-Pakistan trade: Minor hiccups, major hindrance
Negative trade balance is not always negative. It could be looked in a broader context said the Head of Chancery of the Pakistan High Commission in Sri Lanka Balal Akram. Referring to the negative trade balance between the countries which is favourable to Pakistan Akram said that 35 per cent of Sri Lankan imports from Pakistan are raw material for the apparel industry.
EU agrees to talk on FTA in Feb
The European Union has finally agreed to initiate talks on Free Trade Agreement with Pakistan and the first round of negotiations would be held in February 2010.
Pakistan and EU to explore possibility of FTA: talks begin on October 20
Islamabad and the 27-member European Union will start negotiations on a possible free trade agreement, an unfulfilled dream of Pakistan, with a meeting on 20 October.
Pakistan: EU’s dilemma
Pakistan’s repeated requests for a free trade agreement come at the right time: the EU has switched focus from the uphill struggle to conclude the Doha trade round of World Trade Organisation negotiations to a quest for bilateral pacts.
Pakistan, Turkey agree to start FTA talks
Pakistan and Turkey have initiated negotiations on a free trade agreement and a formal accord will be signed during Turkish prime minister’s visit to Pakistan next month.
No CEPA with Pakistan before India
Sri Lanka is very likely not pursue a comprehensive economic partnership agreement with Pakistan because a similar agreement with India was put in cold storage last year amidst mounting domestic pressure.
China, Pakistan service trade agreement to take effect next month
The China and Pakistan free trade zone service trade agreement will take effect on Oct. 10, the Ministry of Commerce (MOC) said on Thursday.
ICSID rejects Turkish Co $756m claim against Pak
An arbitral tribunal appointed by the International Centre for Settlement of Investment Disputes (lCSID) of the World Bank hearing a claim brought by a Turkish investor against the Islamic Republic of Pakistan has rejected all claims for breach of a bilateral investment treaty between the two countries.
Sri Lanka-Pakistan FTA to expand
The Free Trade Agreement between Sri Lanka and Pakistan will be further expanded to services and investment in keeping with a bilateral discussions between President Mahinda Rajapaksa and Pakistan Prime Minister Syed Yusuf Raza Gilani, yesterday.
Dhaka to soon begin FTA talks with Islamabad
Bangladesh will start talks with Pakistan for a separate free trade agreement this year after it negotiates with India.
Pakistan wants trade agreement with US at any cost
In a new development, Pakistan has decided to reinitiate the stalled process of technical dialogue with the US authorities to finalise the Bilateral Investment Treaty (BIT) by December this year, The News has learnt.
Boost for EU’s image
It’s been a long time coming. But last week in Yogyakarta, Indonesia and the European Union finally initialled an ambitious cooperation pact aimed at revitalising a so-far uninspiring and lacklustre relationship.
EU lobbying firm offers services for FTA
Alber and Geiger, a European Union lobbying firm comprising of former high ranking officials, has offered its services to facilitate Pakistan for a free trade agreement (FTA), sources in Commerce Ministry told Business Recorder.
Pakistan, Nepal mull over free-trade pact
Pakistan and Nepal are considering a free-trade agreement, said the Pakistan Foreign Ministry on Monday.
EU wants to expand trade ties with Pakistan
European Commission Ambassador Jan De KOK has said that the European Union was seriously considering on broadening and deepening of its trade relations with Pakistan.
Pak-US study group to accelerate talks on ROZ
Pakistan and the US have agreed to set up a joint study group for accelerating bilateral negotiations on Trade and Investment Facilitation Agreement and Reconstruction Opportunity Zones (ROZs)
Zero duty for Lankan goods in Pakistan
The Department of Commerce said this week that under the Sri Lanka-Pakistan Free Trade Agreement (FTA), Pakistan has confirmed duty free status to 4,500 Sri Lankan products.
Reflections on Pakistan’s investment-treaty program after 50 years: an interview with the former Attorney General of Pakistan, Makhdoom Ali Khan
Pakistan inked the first ever bilateral investment treaty (BIT) with the government of West Germany 50 years ago, before going on to accumulate one of the largest portfolios of BITs held by a developing country: some 47 in total, 35 of which were signed in a flurry of activity between 1988 and 1999.
MoI positive for completion of Pak-US BIT draft in April
Pakistan’s Ministry of Investment (MoI) is hopeful for the completion of mutually agreed final draft of Pak-US Bilateral Investment Treaty (BIT) by April this year, as bilateral consultations on unresolved issues have already started afresh.
Pakistan seeks UAE’s help for FTA with GCC
Pakistan has sought market access from Canada and help from UAE for early completion of Free Trade Agreement with Gulf Cooperation Council.