ISDS Case Map
Pakistan
Pakistan and Thai governments are actively engaged in talks on free trade agreement (FTA) and with signing of the FTA, the bilateral trade will instantly boost as there is a huge potential on the both sides.
Pakistan and China on Monday failed to reach a breakthrough on second phase of Free Trade Agreement (FTA) in Islamabad as talks between two countries ended inconclusively.
Turkish Ambassador to Pakistan Mustafa Yurdakul has said that issue of Free Trade Agreement (FTA) and grant of GSP+ status to Pakistan between the two countries would be resolved soon, adding that such matters were not resolved in days and Ankara was optimistic that the issue would be resolved amicably in near future.
Local manufacturers, who were not consulted on the plans, are up in arms as their government proposes major cuts to concessions on imports of Chinese goods.
Pakistan’s public finances and currency are in a state of disarray, with part of the blame being laid at the door of the country’s engagement with China’s Belt Road project
Various exporting sectors have strongly advised Pakistan's ministry of commerce to defer the signing of second phase of Free Trade Agreement (FTA-II) with China until the next government takes charge after polls in July, 2018, industry officials said on Tuesday.
Pakistan has been an observer to the Energy Charter Treaty (ECT) since 2005 and has subsequently indicated its intention to become a full member.
Pakistan and China have agreed to offer zero per cent duty on 70pc tariff lines to each other under the revised Free Trade Agreement, a move that is expected to add to increasing imbalance in bilateral trade and revenue loss.
Foreign Minister Khawaja Muhammad Asif and his Iranian counterpart Dr. Javad Zarif on Monday agreed to continue engagement for enhancing economic cooperation including bilateral trade, investments, and commercial interaction to promote shared prosperity.
The second phase of the free trade agreement (FTA) between Pakistan and China would be signed by mid-March to increase bilateral trade.
