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


    Articles

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  • 16-Jan-2016 Sputnik Pakistan sends request to EEU on creation of free trade area
    Pakistan has sent another request to the Eurasian Economic Union (EEU) about creating a free trade area, Eurasian Economic Commission Trade Minister Andrey Slepnev said Wednesday.
  • 16-Jan-2016 Textile woes: PRGMEA expresses concern over EU-Vietnam FTA
    The Pakistan Readymade Garment Manufacturers and Exporters Association (PRGMEA) has cautioned the government to address the issues of the value-added textile sector, as the continued drop in exports may further widen due to Vietnam and European Union’s (EU) Free Trade Agreement (FTA).
  • 15-Jan-2016 Free Trade Agreement with Thailand may not benefit Pakistan
    Experts have urged the government to complete its homework before engaging into the Free Trade Agreement (FTA) with Thailand as, historically, FTAs have failed to usher favourable terms for Pakistan’s exports.
  • 20-Sep-2015 Pakistan-Korea FTA likely to be finalised by 2017
    A free trade agreement (FTA) between Pakistan and Korea is likely to be finalised by 2017, said a Korean diplomat.
  • 27-Aug-2015 The Express Tribune Pakistan wants zero tariff on 70% items
    In a bid to take advantage of the Free Trade Agreement (FTA) between Pakistan and China, Pakistani authorities have asked for zero tariff on 70% of its export items and has offered to give zero tariff on 40% of the Chinese items.
  • 18-Aug-2015 Pakistan’s FTAs have borne no fruit so far
    Express Tribune, Pakistan Pakistan’s FTAs have borne no fruit so far By Kazim Alam 10 August 2015 Developing countries sign free trade agreements (FTAs) with trading partners mainly to increase exports and create better-paying jobs at home. In Pakistan’s case, however, tariff revisions under FTAs have clearly not worked in its favour, numbers show. Pakistan has signed trade agreements with five countries, namely China, Indonesia, Malaysia, Sri Lanka and Mauritius. “None of the major (...)
  • 13-Aug-2015 Pakistan, Thailand ready for FTA talks
    Pakistan and Thailand are preparing for a formal dialogue on free trade agreement (FTA) and in this regard a 19-member trade delegation headed by General Chatchai Sarikulya, Commerce Minister of the Royal Thai Government was visiting Pakistan.
  • 9-Aug-2015 The Express Tribune Pakistan seeking trade agreement with Belarus
    In a bid to give a boost to bilateral trade, Pakistani authorities have offered Belarus a preferential trade agreement
  • 8-Jun-2015 Pakistan Today Korea, Pakistan likely to start FTA negotiations
    South Korea and Pakistan are likely to announce negotiations to clinch a free trade agreement (FTA) soon, according to a source familiar with the issue, The Korea Times reported on Sunday.
  • 12-May-2015 Pakistan, Thailand to begin dialogue on FTA, says minister
    Pakistan and Thailand will start dialogue on Free Trade Agreement (FTA) soon as Cabinet of Thailand has agreed allowing negotiations for FTA with Pakistan.
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    Links

  • Pakistan FTAs
    Webpage maintained by the Ministry of Commerce