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Pakistan


Pakistan, EFTA states agree to explore trade opportunities
Special note was made of suggestions to increase bilateral trade and investment between the two parties.
Pak-Thailand FTA: Pakistan wants duties eased on 100 products
A Free Trade Agreement between Pakistan and Thailand will be signed on January 15 for enhancing bilateral trade between the two countries, a top official of the Ministry of Commerce said.
BoI working on its own template for BIT
The government of Pakistan would not be made liable for private investor disputes. Alternative dispute resolution mediation would be made compulsory, while foreign arbitrators would be decided in advance through consensus.
Iran, Pakistan to finalize free trade deal by November
Pakistan and Iran have decided to strike a deal on trade despite slow or no progress regarding the implementation of a payment mechanism and the Iran-Pakistan gas pipeline project.
Pakistan, Vietnam to start FTA talks
Pakistan and Vietnam have agreed to share an initial list of products while kicking off negotiations on a free trade agreement.
Pakistan’s ‘corruption claims overlooked’ in RPP arbitration
Senior government officials have claimed that the International Centre for Settlement of Investment Disputes (ICSID) overlooked Pakistan’s claim of corruption while deciding in favour of Karkey Karadeniz Elektrik Uretim over a rental power project (RPP) dispute.
The disaster of international arbitration of RPPs
The arbitral tribunal of the World Bank’s International Centre for Settlement of Investment Disputes (ICSID) has rendered an arbitral award of $700 million against Pakistan.
Karkey Karadeniz case: In interest alone, govt owes $5.6m a month
The International Centre for Settlement of Investment Disputes (ICSID) has not only imposed a hefty fine on Pakistan but also declared that the country will be paying $5.6 million as interest per month.
International litigator imposes $700m fine on Pakistan in rental power plants case
Financially-strapped Pakistan has been imposed with a staggering $700 million in a damages suit by the International Centre for Settlement of Investment Disputes (ICSID) regarding rental power plants case.
China agrees to increase Pakistan exports
China has agreed to address the major concerns of Pakistan regarding preference erosion for Pakistani exports and meaningful market access during the 8th meeting of second phase of China-Pakistan Free Trade Agreement (FTA) held in Beijing.
Iran ready for free trade with regional countries: Official
Iran is ready to establish preferential tariffs and free trade with some regional countries, particularly Afghanistan, Pakistan and Oman.
Pakistan, China to hold 8th round of FTA talks next week
Pakistan and China will hold the eighth round of their Free Trade Agreement talks in Beijing, with both sides having failed to strike an agreement over the second phase of duty reductions.
FTAs, PTAs need to be revisited
The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) recommended the government to revisit and negotiate anew the existing Free Trade Agreements and Preferential Trade Agreements
Pakistan, GCC plan to start third round of FTA talks
Pakistan is committed to finalising a free trade agreement (FTA) with the Gulf Cooperation Council (GCC) in a bid to step up trade volumes between the two sides
Pak-Turkey’s 7th FTA talks by August end
The seventh round of negotiations on free trade agreement (FTA) between Pakistan and Turkey would be held in Turkey to finalise the agreement
Pak, Thailand FTA to be signed on Aug 22
Pakistan and Thailand Free Trade Agreement will be signed on August 22, for enhancing the bilateral trade between two countries - Pak official.
Pakistan refuses $11.5 billion claim in Reko Diq case
Pakistan has rejected $11.5 billion damages claim made by the Tethyan Copper Company ltd (TCC) a joint venture between Antofagasta and Canada’s Barrick Gold Corporation in the Reko Diq case.
7th round of Pak-Turkey FTA talks milestone to reach final agreement
Pakistan and Turkey had discussed the specific sectors including textile sector during the negotiation. The two sides had exchanged provisional lists for a final agreement in round of negotiation
Pakistan rejects proposal to ink 2nd free trade agreement with China
In order to reduce the fast-growing trade deficit, Pakistan has rejected the proposal to sign second Free Trade Agreement with China and asked Beijing to give concessions which it gives to the Association of Southeast Asian Nations (ASEAN).
Russia offers support for FTA with EEU
Russia has offered its support for Pakistan’s entry into a free trade agreement with Eurasian Economic Union, of which Russia is a leading member.