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Category: World History
Date Submitted: 05/05/2010 09:16 PM
5/6/2010
|Comparative Management | Class of Spring 2010 |
Trade Development in Pakistan
Final Report
Submitted to:
Sir Toshio Fujita
Submitted by:
Abeera Tahir
Batool Yusuf
Kanwal Kella
Mehwish Ghulam Ali
Ruqaiya Ramzan
Saba Salim
Date:
6TH May 2010
Contents
Overview 5
Trade Balance 8
Imports/ Exports Strategy & Measures 9
Import Strategy 9
Reducing cost of doing business 9
Facilitation for Overseas Pakistanis 9
Regulatory 10
Export Strategy 10
Increasing competitiveness of Exports 10
Export Diversification 11
Emphasis on Agriculture 11
Institutional Support 11
Increasing Market access through extensive Trade Diplomacy 12
Different regional trade agreements of Pakistan 13
1. South Asian Association for Regional Cooperation (SAARC) 13
2. Economic Cooperation Organization Trade Agreement (ECOTA) 15
Success and effectiveness of Regional Trade Agreements of Pakistan 17
Trade Promotion through tariff reduction 17
Exploitation of trade complementarities 17
Increased market access 18
Limitations of Regional Trade 21
Bilateral Trade Agreements 25
1. Pak-China Free Trade Agreement 25
2. Pak-Iran Preferential Trade Agreement 27
3. Pak-Malaysia Free Trade Agreement 29
4. Pakistan-Sri Lanka FTA 30
Global Trade of Pakistan 32
1. Pakistan and USA 32
2. EU and Pakistan 36
3. Pakistan-OIC and Pakistan GCC 39
4. Pakistan and Asean 42
5. Pakistan and Australia 44
6. Pakistan and Russia 45
7. Pakistan and New Zealand 48
Pakistan’s Major Competitors in World Trade 50
1. China 51
2. India 52
3. Bangladesh 55
4. Vietnam 56
Challenges 58
Recommendations 61
References 67
Overview
Historically, over the last five decades specifically during the period of 1949 to 2000, exports grew with an average of 10.4% per annum and imports grew at an average of 9.7% per annum. However during last six years (2002 to 2009) exports grew at...