Financially-strapped Pakistan has been imposed with a staggering $700 million in a damages suit by the International Centre for Settlement of Investment Disputes (ICSID) regarding rental power plants case.
China has agreed to address the major concerns of Pakistan regarding preference erosion for Pakistani exports and meaningful market access during the 8th meeting of second phase of China-Pakistan Free Trade Agreement (FTA) held in Beijing.
Iran is ready to establish preferential tariffs and free trade with some regional countries, particularly Afghanistan, Pakistan and Oman.
Pakistan and China will hold the eighth round of their Free Trade Agreement talks in Beijing, with both sides having failed to strike an agreement over the second phase of duty reductions.
The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) recommended the government to revisit and negotiate anew the existing Free Trade Agreements and Preferential Trade Agreements
Pakistan is committed to finalising a free trade agreement (FTA) with the Gulf Cooperation Council (GCC) in a bid to step up trade volumes between the two sides
The seventh round of negotiations on free trade agreement (FTA) between Pakistan and Turkey would be held in Turkey to finalise the agreement
Pakistan and Thailand Free Trade Agreement will be signed on August 22, for enhancing the bilateral trade between two countries - Pak official.
Pakistan has rejected $11.5 billion damages claim made by the Tethyan Copper Company ltd (TCC) a joint venture between Antofagasta and Canada’s Barrick Gold Corporation in the Reko Diq case.
Pakistan and Turkey had discussed the specific sectors including textile sector during the negotiation. The two sides had exchanged provisional lists for a final agreement in round of negotiation
In order to reduce the fast-growing trade deficit, Pakistan has rejected the proposal to sign second Free Trade Agreement with China and asked Beijing to give concessions which it gives to the Association of Southeast Asian Nations (ASEAN).
Russia has offered its support for Pakistan’s entry into a free trade agreement with Eurasian Economic Union, of which Russia is a leading member.
The seventh round of negotiations on free trade agreement between Pakistan and Turkey would be held from June 6-7 in Turkey in order to finalise the agreement.
Pakistan and Turkey’s free trade agreement (FTA) will be signed on August 14, for enhancing the bilateral trade between two countries.
India is open to considering Turkey’s proposal to negotiate a bilateral free trade agreement in goods, services and investments despite the politically volatile situation in Ankara, but needs time to weigh the potential gains for its industry.
Both sides have decided that there will be no fresh Free Trade Agreement (FTA), rather both sides will later on turn the current Preferential Trade Agreement into FTA.
Pakistan: The Federal Minister for Commerce Khurram Dastgir Khan informed the Senate that negotiations were being initiated with Iran for signing the Free Trade Agreement.
Joint ministerial level meeting between Pakistan and Iran to be held in Tehran on April 18, for negotiation on bilateral trade and FTA between the two countries.
It has been argued that Pakistan has signed six FTAs and Preferential Trade Agreements since 2006, but none of them have so far benefited the country.
Bahrain would play a pivotal role in negotiating with other GCC countries to finalise the framework for Pak-GCCs FTA.