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Pakistan


Pakistan refuses to accept US model on investment treaty
Federal Minister for Commerce Khurram Dastgir Khan said that Pakistan had refused to accept US model on Bilateral Investment Treaty.
New bilateral investment treaty model
The Board of Investment is working on Pakistan’s own template of a bilateral investment treaty, which will replace the existing treaties with different countries. And all the future ones will be negotiated on the new template.
Pakistan rejects US draft of investment treaty
Pakistan has rejected the United States’ proposed draft of a Bilateral Investment Treaty (BIT) between the two countries, saying the acceptance of the US template would carry ‘dangerous obligations’ for the country.
Focus on private sector: Washington rules out trade agreement with Islamabad
US Commerce Secretary Penny Pritzker finally admitted publicly that the Obama administration no longer has the ability to get legislative approval for any trade agreements with Pakistan, and hence is focusing on getting more US businesses to invest in Pakistan.
New bilateral investment treaty model
Pakistan’s Board of Investment is working on Pakistan’s own template of a bilateral investment treaty, which will replace previous treaties and serve as basis for new ones.
Pakistan, Turkey to finalise free trade deal
Pakistan and Turkey on Tuesday agreed to finalise a Free Trade Agreement (FTA) after their leaders announced that the two countries are embarking on fresh trade liberalisation initiatives.
Pakistan: Govt in process of signing FTAs with ASEANs
Pakistan’s National Assembly was informed that the government is in process to ink Free Trade Agreement–II with China and also efforts were in process to sign Free Trade Agreements with ASEAN countries.
Dar briefed on BIT regime
Pakistan Finance minister says the government will review its existing bilateral investment treaties and develop a template for future ones.
China FTA
If any further proof were required that too much emotion in our relationship with Beijing is harmful to our interests, the disclosures from the ongoing review of Pakistan’s Free Trade Agreement with China ought to be sufficient.
Pak: Industry’s concerns over cheap goods conveyed to China
Pakistan has asked China, under the Pak-China FTA, for compensation for losses it is incurring due to massive import of Chinese products.
Why is govt in a hurry to pay TCC for Reko Diq?
The Nawaz Sharif government is in an unnecessary haste to settle and pay millions, possibly billions, of dollars as compensation for the Reko Diq gold and copper mines to a discredited and ousted Canadian-Chilean mining consortium, a decision if made may resemble the infamous circular debt payment of Rs500 billion in the early days of the PML-N government.
FTA talks with Nigeria on the cards
Pakistan is working on a proposal for early initiation of negotiations with Nigeria on Free Trade Agreement (FTA) to boost bilateral trade.
Pakistan: Government to move carefully in approving US-proposed BIT
The government has decided to move carefully in respect to approving the new Bilateral Investment Treaty (BIT) template proposed by the United States as it contains clauses with far-reaching negative implications for the economy of Pakistan.
Pakistan sore at Indian auto invasion in Lanka
The Pakistan Automotive Manufacturers Association (PAMA) has urged the Pakistan government to put automobiles and auto parts in the negative list of the Free Trade Agreement (FTA) with Sri Lanka to safeguard Pakistani manufacturers against the entry of cheaper Indian products manufactured in Lanka.
Pakistan likely to expand FTA trade with Sri Lanka
Pakistan, Sri Lanka’s second largest trade partner in the region, has indicated interest in expanding its free trade agreement (FTA) trade with the island, creating growth in bilateral trade, which already exceeds the US $ 460 million mark, according to Sri Lanka’s trade ministry.
Trade experts see nothing concrete in Pak-US action plan
The Joint Action Plan signed last week by Pakistan and the US in Washington under Trade and Investment Framework Agreement (Tifa) is more of a goodwill gesture than anything concrete that can benefit the country, according to experts.
Pakistan still pays 9pc duty on leather export to China under FTA regime
Pakistan is not benefiting from Free Trade Agreement with China, as the leather industry is still paying around 9 per cent import duty on its export goods to China owing to non-implementation of zero-duty under FTA regime.
Implementation of FTA with Indonesia urged
Emphasising the need for enhanced trade relations between Pakistan and Indonesia, the Chairman Senate Syed Nayyer Hussain Bokhari on Thursday observed that the Free Trade Agreement (FTA) between the two needs to be implemented in letter and spirit for mutual growth and prosperity.
Minister hints at FTA with Japan
Commerce Minister Khurram Dastgir Khan on Wednesday said that negotiations on signing of a free trade agreement with Japan were progressing.
FTAs with China, Malaysia damaging poultry industry
Free Trade Agreements signed with Malaysia as well as China, without taking the real stakeholders onboard, are damaging the local poultry industry, as the imports of processed chicken products under FTA with Malaysia are subject to zero percent import duty and from China at 16% import duty.