Pakistan


Government decides to challenge award
The Pakistan government has decided to challenge the award ICSID award that includes $4.08 billion penalty and $1.87 billion interest.
Pakistan fined Rs950 bn in Reko Diq case
The International Center for Settlement of Investment Disputes (ICSID) of World Bank has rendered almost $6 billion (Rs950 billion) award against Pakistan in Reko Diq case.
Pakistan, Iran to discuss trade proposals today
A high level Iranian delegation is reaching Islamabad on a two day visit to attend Pak-Iran Joint Trade Committee and discuss three proposals for trade with Iran.
Free trade talks with Indonesia next month
Pakistan and Indonesia are set to hold talks over the conversion of Preferential Trade Agree­ment (PTA) to Free Trade Agreement (FTA) next month, as the respective ministries have started their homework in this regard.
IMF deal, CPFTA-II may hit manufacturing sector
The new tax measures being agreed with the International Monetary Fund (IMF) coupled with the negative impact of China-Pakistan Free Trade Agreement-II (CPFTA-II) are likely to hit the country's already poorly performing manufacturing sector.
Rental power plant: Escrow account created to avert negative ruling
The Government of Pakistan has reportedly created an Escrow Account worth $ 150 million to avert a negative ruling by the international arbitration tribunal in case of M/s Kakey uriterium rental power plant
Pak-Brazil Free Trade Agreement to open hub for bilateral trade: Claudio Lins
Brazilian Ambassador to Pakistan said Pakistan and Brazil were working on free trade agreement which would turn the region into a hub for the Brazilian traders and investors.
FTA with China will be a challenge for industries: Dawood
The second phase of free trade agreement (FTA) with China was not going to be easy as no market research was conducted before finalising the agreement.
Pakistan for early convening of next TIFA round
Pakistan has sought an intensified engagement with the US in the economic and trade cooperation, emphasising the need for early convening of next round of Trade and Investment Framework Agreement (TIFA).
Thailand forwards 100 tariff lines to include in proposed FTA
Thailand has forwarded a list of 100 products to Pakistan to include in the proposed free trade agreement (FTA) with the South East Asian country.