ISDS Case Map
Pakistan
Prime Minister Shaukat Aziz on Monday proposed that Pakistan and Oman should sign Free Trade Agreement (FTA) to further expand their economic ties and this would be Pakistan's first FTA with a Gulf Cooperation Council (GCC) country.
US President George W Bush has instructed Trade Representative Rob Portman to expedite the Free Trade Agreement (FTA) with Pakistan, Prime Minister Shaukat Aziz told newsmen on board a flight returning home after a weeklong visit to US.
The United States has dropped a threat to cut off trade benefits for Pakistan because of steps that country has made to crack down on the piracy of US music, movies and software, the US Trade Representative's office said on Tuesday.
By having preferential access to the two major markets in South Asia - India and Pakistan - Sri Lanka can now position itself as the conduit for Indo-Pakistan trade that has diminished due to political problems centred around the Most Favoured Nation treatment.
Pakistan and United States on Friday concluded the fourth round of talks on the proposed Bilateral Investment Treaty (BIT), which remained inconclusive due to differences on some clauses of the agreement.
Pakistan is likely to stay away from the South Asian Free Trade Area (Safta) to avoid its political fallout on the country's principled stand on Jammu and Kashmir dispute.
A high powered US delegation is arriving here on 18 of this month to hold talks with the Pakistani authorities to finalise the BIT, in the absence of which, Washington was unprepared to sign Free Trade Agreement (FTA) with Pakistan.
Pakistan is seeking additional $2 billion market access from the United States and the issue is likely to be finalized after both the countries conclude their much awaited Bilateral Investment Treaty (BIT) here on January 20.
Malaysia and Pakistan are expecting to conclude negotiations on a bilateral free trade agreement by mid-2006, the Ministry of International Trade and Industry Ministry said.
Pakistan and China are set to launch the much awaited free trade regime under the Early Harvest Programme (EHP) from January 1.
