Pakistan and Mauritius on Friday agreed to operationalise a free trade agreement between the two countries within 18 months to boost South-South trade.
Government is working on Pakistan-Malaysia Free Trade Agreement (FTA) Technical Support Project to exploit the potential at the optimum level under this arrangement.
Shahid Khakan Abbasi, Federal Minister of Commerce hinted review of the Trade Policy and said that his ministry would ensure continuity of policies with review for enhancement of country's exports.
Head of World Trade Organisation (WTO) Cell, Trade Development Authority of Pakistan (TDAP), Mujeeb Ahmed Khan has said that with the help of Free Trade Agreements (FTA), exports to China are expected to reach US$4.5 billion by 2012 and to Malaysia $1.8bn by 2015.
If to some people, the words ‘cricket' and ‘conflict' come to mind when thinking of India and Pakistan, we need to update the language to embrace another two ‘Cs' -connections and commerce.
President Islamabad Chamber of Commerce and Industry (ICCI) Ijaz Abbasi on Friday stressed the need for Free Trade Agreement or Preferential Trade Agreement (FTA/PTA) between Pakistan and Canada for increasing bilateral trade as at present Pakistani exports to Canada are very low.
India on Monday exuded confidence that the new government in Islamabad will take immediate steps to implement the South Asian Free Trade Agreement with New Delhi and take necessary measures, including duty changes, to facilitate trade.
The Pakistan-European Union Joint Commission is expected to meet within three months, after remaining suspended for over a decade, and a possible free trade agreement is on the agenda.
Pakistan and Malaysia are set to enter into a free trade arrangement (FTA) from New Year today under Malaysia-Pakistan Closer Economic Partnership Agreement (MPCEPA) 2008-2014.