Rising Trend in Imports and Exports of Pakistan’s FTA Partners in Recent Years
Journal: Academic Research International (Vol.6, No. 4)Publication Date: 2015-07-15
Authors : Muhammad Saqib Irshad; Qi Xin;
Page : 320-331
Keywords : Pakistan’s Trade Penetration; Pakistan Trade; Free Trade Agreements; PFTAs;
Abstract
The objective of the present paper is to inspect the impact of the Pakistan’s free trade agreements with other nations on Pakistan economy and foreign trade. It also deals with the essential questions of: can the expansion of FTAs with other nations benefit Pakistan and trade model of Pakistan’s existing economy? Will trade liberalization under an FTA with a neighboring country like China and Iran spur Pakistan’s foreign trade and development? Looking at trends and trade patterns of Pakistan, the potential of Pakistan’s accessible economy is analyzed to improve interregional trade and export diversification by supplementary deepening outlines a number of recommendations to take out the maximum advantage for Pakistan’s economy from these freshly signed FTAs with other economic partners.
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