Pakistan


China’s BRI gets entangled in Pakistan port protest
Gwadar unrest grows as fishing communities complain of job losses and broken promises linked to Belt and Road Initiative projects
Majority of CPEC projects completed: envoy
A majority of China-Pakistan Economic Corridor (CPEC) projects have been completed, revealed Chinese Consul General in Karachi Li Bijian.
Talks begin with Canadian firm to settle Reko Diq dispute
Pakistan and Barrick Gold PLC Canada are said to have started negotiations to settle the dispute on Reko Diq as Antofagasta of Chile is seeking financial settlement of their share in the award of $6 billion.
Azerbaijan, Pakistan to sign PTA
Pakistan and Azerbaijan are working on a preferential trade agreement, which will lower customs tariffs and improve bilateral trade, announced Azerbaijani ambassador to Pakistan.
UAE firm files lawsuit worth around Rs 74 billion against State Bank of Pakistan
An UAE-based trading and investment firm has filed a lawsuit before the Sindh High Court worth around Rs 74 billion against the State Bank of Pakistan and a private bank for BIT breach, local media reported.
Iran-Pakistan free trade agreement to be implemented within 3 months
Iran and Pakistan are going to implement a free trade agreement within the next three months, Iranian Industry, Mining, and Trade Minister announced.
Thai envoy stresses FTA critical to balance bilateral trade
Trade between Pakistan and Thailand could be balanced if the government of Pakistan tackles the hurdles efficiently, particularly the delay in signing a free trade agreement (FTA), said acting Thailand Consul General Paoyee Waesahmae.
‘Pak-Thailand FTA likely to be finalised by end year’
The process of dialogue between the two countries had been slowing down during the COVID- 19 pandemic period, the ambassador of Thailand to Pakistan said.
Summary to empower BoI for renegotiating BITs gathering dust
Under the new template, federal government would not be liable for private investor disputes. Mediation would be made compulsory, while foreign arbitrators would be decided in advance through consensus.
‘Pakistan to renegotiate all bilateral investment treaties’
Pakistan will renegotiate all bilateral investment treaties (BITs) on the basis of new BIT template being finalised by the government, a top official of the Board of Investment said.