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Pakistan


India plans SAARC trade talk soon, but past differences could prove to be a hurdle
SAPTA and SAFTA never took off is because all these countries were never able to focus on trade, keeping politics aside.
India’s opposition to CPEC on shaky ground
Speaking during Raisina Dialogue 2020 in January, Indian Naval Chief Admiral Karambir Singh claimed that the China-Pakistan Economic Corridor impinges on India’s sovereignty.
Despite impact of virus, Pak-China trade to improve in second half
Pakistan’s Ambassador to China discussed some major developments and plans between the two countries, which included joint cooperation to combat locust plague, effect of China-Pakistan Free Trade Agreement and establishment of a meat cold chain.
China’s Belt and Road, CPEC are conduits for pandemics and not prosperity
Amid the coronavirus outbreak, activist from Gilgit-Baltistan has called on the international community to tell China to permanently discontinue mega projects ike the Belt and Road Initiative (BRI) and the China-Pakistan Economic Corridor (CPEC) as they have become "conduits for pandemics and not prosperity.
Pakistan to step up ties with Singapore
Pakistan is looking to step up its relations with Singapore in various fields with the possible signing of bilateral agreements and exchanging high level political visits between the two countries.
Antofagasta : 2019 preliminary results
ICSID appointed a committee to consider Pakistan’s annulment application which is expected to reach a conclusion in the next one to two years.
China Pakistan FTA-2: a new regional hub for cotton garments In the offing?
Pakistan’s government targets raising the country’s textile and clothing exports from USD 13.5 billion in 2018 to USD 25 billion by 2025.
Turkey seeks long-lasting FTA with Pakistan
Turkey wants a sustainable and long-lasting free trade agreement (FTA) with Pakistan to have a win-win situation for both the countries.
Thai firms explore investment avenues in Pakistan
Pakistan and Thailand will hold political consultations at the secretary level as well as organise meetings of the Joint Economic Commission to further bolster economic relations between the two nations.
CPEC costs human life, resources in Balochistan: Activists at UN
Baloch political activists have alleged that the people in Balochistan are paying a heavy price for the multi-billion dollar China-Pakistan Economic Corridor (CPEC).
Efforts under way to get Reko Diq case penalty cancelled: AG Khalid Jawed Khan
Attorney General Khalid Jawed Khan has said that Pakistan’s foremost effort in the Reko Diq mining case is to secure annulment of the $5.9 billion penalty.
Pakistan seeks direct US market access
Pakistan said said US should convene meeting of Trade and Investment Framework Agreement (TIFA) to move forward for result oriented progress.
FTAs not benefitting Pakistan: FEBR
As none of the Free Trade Agreement has boosted exports from the country so far, the FEBR has recommended the government to review its trade and export policies with a keen focus on value-addition for a sustainable economic trajectory.
Pakistan, Turkey FTA talks in April, says Razak Dawood
The ice between Pakistan and Turkey on Free Trade Agreement has thawed and to this effect the commerce ministry will highlight the potential sectors on FTA in March and begin negotiating on the FTA in Ankara in April.
Pakistan and Morocco move forward on bilateral trade talks
Pakistan and Morocco have concluded their second round of bilateral talks, including discussions on enhancing trade ties.
Erdogan’s Pakistan visit ‘golden opportunity’ to boost trade ties
Turkish President Recep Tayyip Erdogan’s visit to Pakistan this week will not only help strengthen economic cooperation between the two countries but will also help boost bilateral trade
Pakistan aims to double trade with Africa in five years
Pakistan is already in touch SACU, ECOWAS and EAC to negotiate trade agreements and also plans to take advantage of the opportunities that exists under the African Continental Free Trade Agreement.
ICSID approves Pakistan’s review plea against $6bn Reko Diq fine
The World Bank’s International Center for Settlement of Investment Disputes has approved Pakistan’s petition for a review in the Reko Diq case in which the country was slapped with a $6 billion fine.
Rental power: Government submits dispute settlement documents to ICSID
Pakistan’s team exchanged its draft agreement with Turkish team’s draft and prepared a consensus document which will again be shared with the federal cabinet for approval before presenting it to the ICSID.
Pakistan waives off over $1.26mn duty on Turkish company Karkey
Pakistan approved waiving off all port dues/charges amounting to Rs194,951,059 on 31-1-2020 or till the vessels leave the port accruing against Karkey.