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Pakistan


Pakistan and US to enhance trade, economic relations
The United States has appreciated Pakistan’s trade and investment policies as liberal and attractive and has suggested to the government of Pakistan to arrange a meeting with all US companies working in Pakistan at a proper forum to know their concerns about making investment in Pakistan and subsequently devise a mechanism to address their concerns as it would go a long way in attracting foreign investment in Pakistan.
Federal Cabinet approves finalizing of FTA with Russia
Pakistan’s Federal Cabinet has approved finalizing a Free Trade Agreement (FTA) with Russia.
Aziz links free trade to Kashmir
Pakistani Prime Minister Shaukat Aziz said on Monday that free trade with India was not possible without resolving political disputes.
Free trade pact with Bahrain shortly
Pakistan and Bahrain will shortly ink Free Trade Agreement (FTA) which would boost trade between the two countries.
Hopes of US duty-free access fading for Asian countries
The road to US duy-free access could be longer than expected for a series of emerging countries. While Pakistan was recently refused that textiles and apparel benefit from preferential treatment, chances of duty-free access for Bangladesh, Sri Lanka or Cambodia are progressively fading.
Pitfalls in signing BIT with US
A bilateral investment treaty (BIT) with the United States was billed to be signed during President Bush’s visit to Islamabad last month. However, the signing ceremony was put off because the US draft contained some provisions which President Musharraf said were highly objectionable and needed to be renegotiated.
Pakistan-Bangladesh agree to conclude bilateral FTA by September, 2006
The bilateral FTA would go beyond the tariff concessions provided under the SAFTA agreement.
US FTAs could hit Pak gains in exports: ADB
The Asian Development Bank (ADB) has cautioned that free trade agreements between the US and many of Pakistan’s competitors in clothing exports as well as the trade diversion effect of the May 2005 inclusion of 10 East European countries in the EU (itself one of the top three T&C exporters), could affect the country’s potential gains in exports.
US unwilling on increased market access for textiles
The United States is reluctant to give increased market access for textile to Pakistan and has conveyed that any new trading arrangement that could be finalized between the two countries would be minus textile, a senior official told the Daily Times on Saturday.
Pakistan, US agree to conclude BIT soon
Pakistan and United States on Thursday agreed to conclude Bilateral Investment Treaty (BIT) as early as possible.
Joint study group to initiate Pakistan-Canada FTA
Steps are under way to set up a Pak-Canada Joint Study Group for initiating Free Trade Agreement between the two countries, as the volume of two-way trade is not up to the mark in Pakistan and Canada.
Pakistan seeks US market access to fight extremism
What Pakistan really needs to fight extremism is better access to US markets in order to create jobs, Pakistan’s Commerce Minister Humayun Akhtar Khan said.
Pak commerce minister arrives April 19
The commerce minister of Pakistan will make a three-day visit to Dhaka from April 19 to attend the Safta Ministerial Council (SMC) meeting and initiate talks on signing a Free Trade Agreement (FTA) with Bangladesh.
Pakistan refuses to give MFN status to India even after Safta ratification
Pakistan has decided not to give most favoured nation (MFN) status to India, even under the recently ratified South Asia free trade agreement (Safta), and has indicated that it will continue to trade with the country on the basis of a positive list.
Pakistan uncertain on SAFTA
Pakistan remains unsure of India’s role in the South Asian Free Trade Agreement as bilateral economic cooperation talks begin Monday.
Agreement on promoting investment in Pakistan
A joint venture agreement between Brunei Investment Agency (BIA) and the government of the Islamic Republic of Pakistan was signed yesterday.
Pakistan, Canada to further enhance trade potentials
Pakistan and Canada said they may soon start talks on a Free Trade Agreement.
APTMA welcomes SAFTA ratification
The chairman of the All Pakistan Textile Mills Association (APTMA), Punjab zone, Shafqat Elahi, has welcomed the ratification of SAFTA by the cabinet.
Pak-US FTA to be finalized soon: Humayun Akhtar
Commerce minister Humayun Akhtar Khan has assured that series of talks are underway and agreement between Pakistan and United States would soon be finalized to initiate free trade between the two countries.
Trade balance in favour of Pakistan: FTA talks this month
Bangladesh and Pakistan are likely to begin negotiation on bilateral Free Trade Agreement (FTA) during a three-day visit of Pakistan Commerce Minister Humayun Akhtar Khan by the end of this month, sources said.