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SAFTA comes into effect; Pak yet to ratify
South Asian Free Trade Area (SAFTA), paving way for free trade of goods among countries of the region, came into being on Sunday but Pakistan was yet to complete the formality of ratifying it.
Investment agreement signed with Switzerland
Guyana and the Swiss Confederation recently signed a Bilateral Investment Treaty which will facilitate an increase in Swiss investments in the local economy.
BIMSTEC finalizes dispute resolution rules
Trade Negotiation Committee has finalized rules for settling disputes in BIMSTEC free trade agreement. It has, however, failed to converge on the percentage of value addition for rules of origin.