Indonesian Ambassador to Pakistan stressed the need for enhancing bilateral relations with Pakistan, particularly in the fields of trade, culture, education and people-to-people contacts.
The Pakistan government has decided to challenge the award ICSID award that includes $4.08 billion penalty and $1.87 billion interest.
The International Center for Settlement of Investment Disputes (ICSID) of World Bank has rendered almost $6 billion (Rs950 billion) award against Pakistan in Reko Diq case.
A high level Iranian delegation is reaching Islamabad on a two day visit to attend Pak-Iran Joint Trade Committee and discuss three proposals for trade with Iran.
Pakistan and Indonesia are set to hold talks over the conversion of Preferential Trade Agreement (PTA) to Free Trade Agreement (FTA) next month, as the respective ministries have started their homework in this regard.
The new tax measures being agreed with the International Monetary Fund (IMF) coupled with the negative impact of China-Pakistan Free Trade Agreement-II (CPFTA-II) are likely to hit the country’s already poorly performing manufacturing sector.
Brazilian Ambassador to Pakistan said Pakistan and Brazil were working on free trade agreement which would turn the region into a hub for the Brazilian traders and investors.
The second phase of free trade agreement (FTA) with China was not going to be easy as no market research was conducted before finalising the agreement.
Pakistan has sought an intensified engagement with the US in the economic and trade cooperation, emphasising the need for early convening of next round of Trade and Investment Framework Agreement (TIFA).
Thailand has forwarded a list of 100 products to Pakistan to include in the proposed free trade agreement (FTA) with the South East Asian country.
Pakistan and China on Sunday signed the second phase of the Free Trade Agreement (FTA) to further enhance bilateral trade between the two countries.
Free Trade Agreement (FTA) Phase II between Pakistan and China would be signed on April 28, during the visit of Prime Minister Imran Khan to China.
Pakistan government is reportedly in talks with the Turkish government and M/s Karkey for an out-of-court settlement to avert attachment of Pakistan’s properties in Europe
Pakistan will not ink the FTA with Iran, rather it will first prefer to make Preferential Trade agreement (PTA), which is already effective since long and giving the required dividends.
In the second phase of FTA, the Chinese government has finally offered Pakistan the market access similar to that given to other countries of ASEAN.
The key suspect in the rental power plants case – Laeeq Ahmed Sheikh, who is in National Accountability Bureau’s (NAB) custody, has revealed some astonishing facts.
China has agreed in principle to extend duty free access on additional 313 tariff lines under the proposed second phase of the China Pakistan Free Trade Agreement (CPFTA).
Pakistan is seeking to conclude Free Trade Agreement (FTA) with Turkey by June 2019 that offers the lowest tariff on all tariff lines extended by Turkey to its other trading partners.
Pakistan and China are holding a two-day (April 9-10, 2019) parleys in Beijing to finalise second phase of China Pakistan Free Trade Agreement (CPFTA), which is expected to attract criticism from domestic industry.
The second phase of Free Trade Agreement (FTA) between Pakistan and China is likely to be signed in next month.