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Pakistan


APTMA welcomes SAFTA ratification
The chairman of the All Pakistan Textile Mills Association (APTMA), Punjab zone, Shafqat Elahi, has welcomed the ratification of SAFTA by the cabinet.
Pak-US FTA to be finalized soon: Humayun Akhtar
Commerce minister Humayun Akhtar Khan has assured that series of talks are underway and agreement between Pakistan and United States would soon be finalized to initiate free trade between the two countries.
Trade balance in favour of Pakistan: FTA talks this month
Bangladesh and Pakistan are likely to begin negotiation on bilateral Free Trade Agreement (FTA) during a three-day visit of Pakistan Commerce Minister Humayun Akhtar Khan by the end of this month, sources said.
Treaty may boost US investment in Pakistan
The proposed Pakistan-US Bilateral Investment Treaty expected to be signed during President Bush’s visit to Pakistan may increase direct US investment by 8 to 9 percent.
Dhaka-Islamabad likely to start FTA talks
Dhaka and Islamabad are likely to start negotiation on bilateral free trade agreement (FTA) soon as Pakistan Commerce Minister Humayun Akhtar Khan visits Bangladesh by the end of this month.
Cabinet may approve new trade accord with Indonesia today
The federal cabinet is expected to accord ex-post fecto approval to the signing of Framework Agreement between Pakistan and Indonesia on Comprehensive Economic Partnership (CEP) and its ratification on Thursday.
Signing of BIT with US put off
The signing of a Bilateral Investment Treaty (BIT) between Pakistan and the US, expected on the eve of visit of President Bush this weekend in Islamabad, has apparently been put off again as businessmen give no indication of firm answers from the US on objections raised by Pakistan on certain clauses.
Bush plans to sign investment treaty: Greater cooperation with Pakistan on cards
US President George W. Bush said on Wednesday that a bilateral investment treaty that he is planning to sign during his visit to Islamabad will be the first step towards greater trade and commercial relations with Pakistan.
Cabinet approves negotiations on bilateral investment agreement with Kuwait
Pakistani Prime Minister Shaukat Aziz Wednesday approved negotiations on bilateral investment agreement between the governments of Pakistan and Kuwait.
Pakistan ratifies SAFTA - but no free trade with India
Pakistan has ratified the much-trumpeted South Asia Free Trade Agreement (Safta), but trade between India and Pakistan will not be initiated under this agreement, instead it will continue under the existing import regime.
Formal talks on Dhaka-Islamabad FTA start soon, Says Morshed
Bangladesh and Pakistan will soon start formal negotiations on bilateral free trade agreement (FTA) in a bid to sign the deal by next September, Foreign Minister M Morshed Khan said here yesterday.
Pakistan approves free trade pact in South Asia
The Pakistani cabinet approved a regional pact on Wednesday to promote free trade and economic ties in South Asia, home to nearly one-fifth of the world’s population.
Pakistan, Bangladesh sign 4 memoranda
Pakistan and Bangladesh signed four memoranda of understanding (MoUs) on trade, standardisation and quality control, agriculture and tourism on Monday.
Malaysia: FTAs with Pakistan, Australia & NZ to be completed this year
Free Trade Agreement (FTA) initiatives with Pakistan, Australia and New Zealand are expected to be completed this year, Malaysia’s International Trade and Industry Minister Datuk Seri Rafidah Aziz said Tuesday. She also said that FTA negotiations with the US and India would also begin this year, followed by the launch of a joint feasibility study for a possible FTA between Malaysia and Chile.
Bilateral FTA to be finalised by Sept
Pakistan and Bangladesh have agreed to finalise bilateral free trade area (FTA) agreement within the shortest possible time, by September at the latest, to create scope for easy access of Bangladeshi products to Pakistani market as a measure for reducing the existing trade gap.
PM proposes FTA with Oman
Prime Minister Shaukat Aziz on Monday proposed that Pakistan and Oman should sign Free Trade Agreement (FTA) to further expand their economic ties and this would be Pakistan’s first FTA with a Gulf Cooperation Council (GCC) country.
Prime Minister hints at early FTA with US
US President George W Bush has instructed Trade Representative Rob Portman to expedite the Free Trade Agreement (FTA) with Pakistan, Prime Minister Shaukat Aziz told newsmen on board a flight returning home after a weeklong visit to US.
US drops sanctions threat on Pakistan over piracy
The United States has dropped a threat to cut off trade benefits for Pakistan because of steps that country has made to crack down on the piracy of US music, movies and software, the US Trade Representative’s office said on Tuesday.
Sri Lanka’s free trade agreement with Pakistan
By having preferential access to the two major markets in South Asia - India and Pakistan - Sri Lanka can now position itself as the conduit for Indo-Pakistan trade that has diminished due to political problems centred around the Most Favoured Nation treatment.
Investment treaty: Pakistan, US fail to make progress
Pakistan and United States on Friday concluded the fourth round of talks on the proposed Bilateral Investment Treaty (BIT), which remained inconclusive due to differences on some clauses of the agreement.