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Pakistan

The government of Pakistan is a keen pursuer of bilateral trade and investment agreements. It has a full FTA with Sri Lanka (2005), a PTA with Iran (2004) and Mauritius (2007), Early Harvest Schemes with China (2005) and Malaysia (2007), and is part of both ECOTA and SAFTA. It is in various stages of FTA talks, or preparations for talks, with Brunei, Indonesia, Jordan, Thailand, Malaysia, Morocco, Singapore, the Gulf Cooperation Council, Canada, Switzerland, Indonesia, Nepal, China, Turkey and Russia (among others). In July 2006, it signed a Framework Agreement on Trade with Mercosur.

Negotiations on a US-Pakistan bilateral investment treaty, as a step towards a US-Pakistan FTA, have been quite controversial and are unconcluded. After talks restarted in mid-2010, a draft US-Pakistan BIT was sent for approval to Pakistan’s Cabinet in April 2012. The Pakistani government has already signed almost 50 BITs with other countries. In 2011 Germany ratified a BIT with Pakistan.

On a wider scale, there is talk of possible Pakistani FTAs with Afghanistan, Algeria, the EU, Japan, Laos, Mexico, New Zealand, South Africa and Tunisia.

last update: May 2012


Pakistan seeks US market access to fight extremism
What Pakistan really needs to fight extremism is better access to US markets in order to create jobs, Pakistan’s Commerce Minister Humayun Akhtar Khan said.
Agreement on promoting investment in Pakistan
A joint venture agreement between Brunei Investment Agency (BIA) and the government of the Islamic Republic of Pakistan was signed yesterday.
Pakistan, Canada to further enhance trade potentials
Pakistan and Canada said they may soon start talks on a Free Trade Agreement.
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.
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.
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, Bangladesh sign 4 memoranda
Pakistan and Bangladesh signed four memoranda of understanding (MoUs) on trade, standardisation and quality control, agriculture and tourism on Monday.

    Links


  • Pakistan FTAs
    Webpage maintained by the Ministry of Commerce