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.
Both sides to break the deadlock over reaching an agreement on the revival of preferential tariff on exportable products for each other
Pakistan and Turkey started the second round of talks on Free Trade Agreement (FTA) with special focus on goods, services and investment.
Neighbouring country expresses desire to participate in privatisation programme
Pakistan and Turkey signed a Framework Agreement for establishing Free Trade Area (FTA) between the two countries to further boost bilateral trade and investment relations.
When talking of economic development, foreign investments could be easily defined as a major portion of the base foundation of a country’s economy. In the modern era, countries extend their partnerships with the counterparts by initiating various investment strategies and by opening up their local markets and industries for global investors.