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Pakistan


Rental power: Government in talks for out-of-court settlement
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 not to ink FTA with Iran: Razak
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.
FTA’s second phase: China extends zero rate duties to Pakistan
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.
Pakistan may not have to pay $1b Karkey penalty
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 to extend duty free access on 313 more tariff lines
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).
Pak-Turkey SEF Plan of Action: Pakistan wants to settle FTA by June 2019
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.
Two-day parleys on CPFTA-II begin today
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.
Second phase of Sino-Pakistan FTA to be signed in next month
The second phase of Free Trade Agreement (FTA) between Pakistan and China is likely to be signed in next month.
Pak-Iran FTA draft likely to be signed this month
Pakistan and Iran are most likely to finalise the draft for Free Trade Agreement (FTA) during the two-day talks on April 22-23 to be held in Islamabad.
Pakistan diverts CPEC corridor funds; China ties under pressure
A controversy has erupted over the China-Pakistan Economic Corridor (CPEC) following allegations that the Pakistani government has diverted funds for joint infrastructure development projects with China under BRI to other projects.
Pakistan to seek $1 bn export orders from China: Razak
Pakistan and China are set to sign the Free Trade Agreement (FTA)-II when Prime Minister Imran Khan will leave for Beijing on April 27
The Belt and Road Initiative: Chinese agribusiness going global
The Belt and Road Initiative provides a framework for Chinese investment to enhance existing infrastructure as well as build new production sites and trade routes to better connect China with the rest of the world.
CPEC and Gwadar fishermen
A component of the China Pakistan Economic Corridor would prevent fishermen from fishing on Gwadar’s eastern port, which had been the only source of income for centuries. The Fishermen Alliance has announced that its protests will continue.
CPFTA-II may be finalised prior to PM’s China visit
Pakistan and China are holding 11th round of second phase of Free Trade Agreement hoping positive outcome of the much supported parlays
Pakistan, China set to ink FTA-II by June 2019
Pakistan and China are set to ink much-awaited second free trade agreement by June 2019 and to this effect a technical experts’ delegation from Islamabad will leave for China by end of February.
EFTA shows interest to sign Free Trade Agreement with Pakistan
The European Free Trade Association (EFTA) – comprised of Iceland, Liechtenstein, Norway and Switzerland - has shown interest to sign Free Trade Agreement (FTA) with Pakistan.
Pakistan to ink MoU on free trade agreement with Saudi Arabia
Pakistan and Saudi Arabia are also going to sign memorandums of understanding (MoUs) for a Free Trade Agreement.
China, Pakistan inching towards BoP deal, FTA-II
China and Pakistan are reportedly inching towards a deal on Balance of Payment (BoP) support with commercial loans and the second phase of Free Trade Agreement (FTA) expected to be finalised prior April, 2019
Pakistan, Turkey in talks for FTA
Pakistan concerned authorities are in the process of building consensus with Turkish for a meaningful free trade agreement (FTA) and increase in economic integration.
Turkish RPP ship: Pakistan breathes $900mn sigh of relief
Pakistan said to have gathered fresh ‘evidence of corruption’ in the procurement of a rental power project (RPP) contract by the Turkish company.