ISDS Case Map
Pakistan
Japan on Tuesday termed Pakistan investment policy as best in the region and said Pak-Japan Bilateral Investment Treaty would help encourage Japanese investment in Pakistan.
The decision taken by Pakistan and India to scale down tariff to a maximum of 5% and remove all non-tariff barriers (NTBs) by 2020 will lead to regional integration, according to an official of the Geneva-based World Trade Organisation (WTO).
Pakistan and the United States remained engaged on Friday to narrow their differences over the draft of Bilateral Investment Treaty (BIT) which Islamabad and Washington have been discussing since March 2012
Ministry of Industries (MoI) has started consulting with industrial representatives ahead of talks between Pakistan and China as part of the process to review Free Trade Agreement (FTA). Both countries signed FTA on November 24, 2006 which according to business circles has hurt some local industries very badly.
Pakistani businessmen who intend to invest in India should be given legal cover to ensure that no future government in Delhi reverses the decision to allow investments from Pakistan, a leading trade lobby has said.
Pakistan's Ministry of Commerce is negotiating trading arrangements with Mercosur countries like Brazil, Argentina, Paraguay, Uruguay, Venezuela and Andean Community (CAN) a trade bloc comprising the South American countries of Bolivia, Colombia, Ecuador and Peru to increase it’s trade market access.
The Federation of Pakistan Chambers of Commerce and Industry on Saturday opposed the signing of a Free Trade Agreement with the United Arab Emirates which, it said, would ruin the local industry by inundating the domestic market with foreign, cheap products.
Amid calls to make public the draft of bilateral investment treaty, the government claims that it has gained much and lost nothing to the United States as Washington has agreed to first taking any business dispute to Pakistani courts for settlement.
Pakistan's ministry of commerce has opposed the proposed bilateral investment treaty with Canada on a number of grounds as the controversial clause of covered investment is only to favour Canadian companies, The News learnt reliably on Thursday.
The signing of Bilateral Investment Treaty (BIT) will not bear fruit without signing Free Trade Agreement (FTA) between Pakistan and United States of America (USA).
