Pakistan and Malaysia are negotiating to further reduce duties on existing and additional tariff lines under the FTA to facilitate businesses of both countries.
Pakistan Association of Automotive Parts and Accessories Manufacturers (PAAPAM) expressed concerns on the government’s proposal to include the auto sector in the FTA between Pakistan and Thailand.
Pakistan Commerce Ministry has not yet decided to go for the second phase of the Free Trade Agreement (FTA) with China
Malaysia and Pakistan, currently negotiating a further reduction of duties on existing and additional tariff lines under a free trade agreement (FTA), are expected to finalise it in the first quarter next year.
Pakistan favours the resolution of trade disputes through established multilateral settlement systems instead of ad-hoc tribunals, an official said.
Official says Pakistan wanted deeper market access for 35 to 40 tariff lines.
The government acknowledged that Pakistan has not benefited appropriately from the free trade agreements (FTAs) signed in the past including the one with China.
The fifth round of Pakistan-Thailand Free Trade Agreement negotiations was held in Bangkok.
Pakistan is going to access non-traditional trade markets of the world and liberalise its trade environment, which will ensure sustained economic growth.
Auto vendors have shown their discomfort over the ongoing negotiations regarding the Free Trade Agreement (FTA) between Pakistan and Thailand.
Pakistan and China will make another attempt next month (November) to strike an agreement over the second phase of duty reduction under the free trade agreement (FTA), which is under consideration since 2011.
Pakistan and South Korea are all set to kick off formal negotiation on a Free Trade Agreement (FTA) aimed at boosting bilateral trade.
In a sign of progress towards a free trade agreement (FTA), the Iranian authorities have agreed with the initial draft shared by Pakistan and returned it with their input, paving the way for kicking off formal negotiations.
Pakistan and Turkey agreed to eliminate 85 percent of tariffs. Both sides have also agreed to complete the Free Trade Agreement (FTA) negotiations by the end of current year.
Assistant United States Trade Representative (AUSTR) for South Asia Michael Delaney led a delegation to Islamabad to discuss the ongoing US-Pakistan Trade and Investment Framework Agreement
Pakistan has reportedly refused to start negotiations on Free Trade Agreement with Indonesia until Pakistan’s concerns on existing Preferential Trade Agreement are addressed within six months
As the UK’s referendum on exiting the EU means that Pakistan’s exports will no longer enjoy duty-free exports to the country, the Pakistani government is looking to explore options for a free trade agreement that would allow the preferences to continue.
Pakistan has proposed a tariff reduction plan under the Turkey-Pakistan Free Trade Agreement that calls about immediate elimination of custom duties on 35% of tariff lines.
The two sides discussed draft texts for Agreements on Trade in Goods, Services and Investments.
Thailand and Pakistan are holding talks on a Free Trade Agreement (FTA), which is likely to be signed by the end of this year.