Tag: Fta

Hina hopes for early ASEAN-Pakistan FTA

To mark the ASEAN Day, a flag-hoisting ceremony was held here at the Indonesian embassy that was attended by the ambassadors and high commissioners...

Pak, SL to review FTA for enhancement of bilateral trade

While agreeing to ease visa restrictions on the business community, Pakistan and Sri Lanka have decided to review the existing Free Trade Agreement (FTA)...

Pakistan and Sri Lanka to review FTA

Pakistan and Sri Lanka are going to review the implications of the existing Free Trade Agreement (FTA) next month to enhance bilateral trade. Concerns...

EU Parliament links India FTA with Kashmir dispute

In a significant development, the European Parliament (EP) has linked signing of the Free Trade Agreement (FTA) with India to the Kashmir dispute. A...

Pakistan, Lanka seek $2b boost in trade under FTA

KARACHI - Pakistan and Sri Lanka are set to revise the existing Free Trade Agreement (FTA) as part of a bid to drastically enhance the volume of bilateral trade by $2.0 billion by the next year.
Existing trade volume stands at around $300 million between the two South Asian countries during the last five years. It is deemed an insignificant amount, despite the FTA being in place for the last five years. The agreement needed to be revised to include more items from both sides to

Pakistan likely to propose uniform tariff for Sino-Pak FTA

KARACHI - Pakistan, which remains at highly disadvantageous position under the existing 'Sino-Pak Free Trade Agreement (FTA)', is likely to propose a uniform tariff and inclusion of greater items in the FTA. Pakistan would propose the neighboring country to include those items from Pakistan into the Sino-Pakistan FTA, which China imports from the ASEAN countries under the China-ASEAN (Association of South East Asian Nations) FTA, sources told Pakistan Today.
As the two

Pak-China FTA suspended since 2009 due official inertia

KARACHI - The Free Trade Agreement (FTA) between Pakistan and China is practically suspended due to the lack of renewal with the Pakistan Customs Authority (PCA) since 2009. The importers of chemicals and dyes have warned that an 'inordinate' delay by the customs authorities in clearing the imported consignments from China under FTA might inflict massive losses upon the country.
"Due to the lack of new signatures in the case of the agreement, the facility of FTA is suspended and

EU-India FTA imperils the poor and environment: report

LAHORE: EU-India Free Trade Agreement (FTA), which is expected to be signed in early 2011, will fuel poverty, inequality and environmental destruction. European and Indian advocacy groups term it "nontransparent" in their recently conducted study titled "Trade Invaders: How big business is driving the EU-India free trade negotiations".
The European Union and India initiated negotiations on multifaceted FTA in 2007, including trade in goods, deregulation of services, investment,

Sino-Pak FTA revision to address Pakistan’s concerns

KARACHI: Pakistan and China will revise the Free Trade Agreement (FTA) by the mid of next month. The news is in addition to the billions of dollars agreements signed between the two countries during the recent visit of Chinese Prime Minister Wen Jiabao to Islamabad. The FTA, which was signed in November 2006, would be revised with required changes in January 2011, sources told Pakistan Today on Monday.
Islamabad, according to source, has stressed the Chinese delegation to bring

Zardari seeks Kuwait’s cooperation for GCC FTA

ISLAMABAD: President Asif Ali Zardari stated on Monday that Pakistan was keen to conclude a free trade agreement with the Gulf Cooperation Council (GCC) and was looking for Kuwait's support in this regard. This, he said, would pave way for boosted commercial activity between Pakistan and the Gulf countries.
In a meeting with the Special envoy of Amir of the State of Kuwait Dr Abdullah Maatooq Almaatoq, who called on him at Aiwan-e-Sadr, the President said that there was immense

MOC searches for elusive GCC FTA

KARACHI: Ministry of Commerce (MOC) has asked the Trade Development Authority of Pakistan (TDAP) to examine the potential of expanding trade with Oman.
Through a recently issued letter, the MOC demanded the submission of proposals from the authority for enhancement of bilateral trade to be discussed in the forthcoming 7th session of the Pakistan-Oman Joint Ministerial Commission (JMC).
The ministerial level meeting is due to be held in Oman next month, where a comprehensive