Pakistan seeks early implementation of free trade agreement with Gulf Cooperation Council

Secretary General of the Gulf Cooperation Council (GCC), Jassem Mohamed Albudaiwi, right, and Dr. Gohar Ejaz, Pakistan's minister of commerce shake hands after signing preliminary Free Trade Agreement (FTA) between the GCC and Pakistan in Riyadh, Saudi Arabia on September 28, 2023. (Photo courtesy: GCC)
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Updated 05 October 2023
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Pakistan seeks early implementation of free trade agreement with Gulf Cooperation Council

  • A ‘preliminary’ deal signed by two sides needs to go through GCC’s internal administrative and approval process
  • The FTA will enable Pakistan to meet its export targets while increasing investment from the six-nation bloc

ISLAMABAD: Pakistan called for early implementation of a free trade agreement (FTA) with the Gulf Cooperation Council (GCC) on Thursday, pointing out that its activation would lead to mutual economic growth and prosperity in the foreseeable future.

The two sides thrashed out technical issues while examining the possibility of entering the agreement in negotiations held last year.

More recently, an official statement circulated in Islamabad announced the signing of a “preliminary” free trade agreement on Friday after the country’s interim finance minister, Dr. Gohar Ejaz, met the GCC secretary-general, Jassem Mohamed Albudaiwi, in Riyadh.

The statement described it as a “milestone” development, adding that the preliminary deal would go through GCC’s internal administrative and approval process before the agreement’s finalization.

“Pakistan-GCC FTA is the first such agreement concluded by GCC with any country since 2009,” the foreign office spokesperson, Mumtaz Zahra Baloch, said during her weekly media briefing. “We look forward to the early signing, ratification, and implementation of the Agreement, which we believe will contribute to growth and mutual prosperity and mark a new chapter in economic relations between Pakistan and GCC.”

The GCC is an important six-country trade bloc which includes Saudi Arabia, the United Arab Emirates, Bahrain, Oman, Qatar, and Kuwait.

Pakistani officials have described the preliminary deal as a major “turning point” in the history of economic and trade cooperation between the two sides that will serve their common interests.

Pakistani business community has also maintained the implementation of the agreement would help the country meet its export targets while increasing investment from the GCC region.


Peace can only prevail if Afghanistan renounces support for ‘terrorism’— Pakistan defense chief

Updated 04 March 2026
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Peace can only prevail if Afghanistan renounces support for ‘terrorism’— Pakistan defense chief

  • Pakistan’s chief of defense forces visits South Waziristan district bordering Afghanistan
  • Pakistan says has killed 481 Afghan Taliban operatives since clashes began last Thursday

ISLAMABAD: Pakistan’s Chief of Defense Forces Field Marshal Syed Asim Munir said on Wednesday that peace with Afghanistan can only prevail if Kabul renounces support for “terrorism” and “terrorist” organizations, the military’s media wing said as the two countries remain locked in conflict. 

Fighting between the two neighbors, the worst in decades, broke out last Thursday night after Afghan forces attacked Pakistan’s military installations along their shared border. Afghanistan said its attacks were in response to earlier airstrikes by Pakistan against alleged militant hideouts in its country. 

Pakistan accuses Afghanistan of sheltering militant outfits such as the Tehreek-e-Taliban Pakistan (TTP) on its soil who have launched attacks against Pakistani civilians and security forces in recent years. Kabul denies the allegations. 

Munir visited Wana town in Pakistan’s South Waziristan district to review the security situation and troops’ operational preparedness at the Afghan border, the Pakistani military’s media wing said in a statement. 

“The Field Marshal reiterated that peace could only prevail between both sides if the Afghan Taliban renounced their support for terrorism and terrorist organizations,” the Inter-Services Public Relations (ISPR) said. 

The military chief said the use of Afghan soil by militant outfits to launch attacks against Pakistan was unacceptable, vowing that “all necessary measures” would be taken to neutralize cross-border threats. 

During the visit, Munir was briefed by military commanders about ongoing intelligence-based operations and measures being taken by the military to manage the border with Afghanistan.

He was also briefed about “Operation Ghazab Lil Haq” or “Wrath for the Truth,” the name Pakistan has given to its military operation against Afghan forces, the ISPR said. 

The Pakistani military chief spoke to troops deployed in the area, praising their vigilance, professional conduct and high morale, the ISPR said. 

Pakistan’s Information Minister Attaullah Tarar said on Wednesday that the military has killed 481 Taliban operatives, injured more than 690 and destroyed 226 Afghan checkposts since clashes began. 

Arab News has been unable to verify claims by both sides about the damages they claim to have inflicted on each other.

Afghanistan has signaled it is open for dialogue but Pakistan rejected the offer, saying it would continue its military operations till its objectives were achieved. 

Since the conflict began, diplomatic efforts have intensified with several countries, including global bodies such as the European Union and United Nations, urging restraint and calling for talks.

Turkish President Recep Tayyip Erdogan told Pakistani Prime Minister Shehbaz Sharif that ⁠Ankara would help ⁠reinstate a ceasefire, the Turkish Presidency said on Tuesday, as other countries that had offered to mediate have since been hit by the conflict in the Gulf.