ISDS Case Map
Pakistan
Tunisia can be a gateway for Pakistani business community to the African countries, says Tunisian Ambassador
The Indonesian government will push ahead and ratify a trade deal with Pakistan to protect $1.5 billion in annual palm oil exports to the South Asia nation, a cabinet minister said.
Indonesia is expanding trade partnerships with different countries and economic blocs and a free trade agreement (FTA) with Pakistan is a part of the plans, said Indonesia Trade Minister Enggartiasto Lukita.
Pakistan and Saudi Arabia agreed to negotiate a free trade agreement for trade liberalisation and increasing the volume between the two countries.
Pakistan and Turkey have agreed to further bolster their trade, economic, investment and defense relations.
Pakistan seeks to renegotiate FTA as well as China Pakistan Economic Corridor deals
Pakistan would evaluate its trade policy according to modern trends, and implement the strategic policy framework 2015/19 in letter and spirit to boost the country’s exports.
Due to the failure of the caretaker government to deposit Rs15 billion security guarantee, a stay order in favour of Pakistan on the execution of the $846 million arbitration cost awarded to the Turkish firm, Karkey Karadeniz Elektrik Uretim has been vacated.
Although the government of Pakistan Muslim League Nawaz (PML-N) started the negotiations on various trade agreements including the Free Trade Agreement (FTA) and Preferential Trade Agreement (PTA) with a number of countries, it could not conclude any such agreement in the past five years.
Pakistan may be at the risk of new investment arbitration lawsuits if it formally signs an international Energy Charter Treaty (ECT) under which powerful investors have already sued other states for $35 billion at various global tribunals.
