Pakistan and the US have agreed to set up a joint study group for accelerating bilateral negotiations on Trade and Investment Facilitation Agreement and Reconstruction Opportunity Zones (ROZs)
The Department of Commerce said this week that under the Sri Lanka-Pakistan Free Trade Agreement (FTA), Pakistan has confirmed duty free status to 4,500 Sri Lankan products.
Pakistan inked the first ever bilateral investment treaty (BIT) with the government of West Germany 50 years ago, before going on to accumulate one of the largest portfolios of BITs held by a developing country: some 47 in total, 35 of which were signed in a flurry of activity between 1988 and 1999.
Pakistan's Ministry of Investment (MoI) is hopeful for the completion of mutually agreed final draft of Pak-US Bilateral Investment Treaty (BIT) by April this year, as bilateral consultations on unresolved issues have already started afresh.
China and Pakistan plan to sign a free trade agreement on trade and services during the four-day visit of Pakistani president Asif Ali Zardari to Hubei and Shanghai beginning tomorrow.
Jordan and Pakistan are expected to sign a Free Trade Agreement (FTA) this year, with negotiations to finalise the draft deal slated for March, Pakistan's envoy to Jordan said on Wednesday.