No Result
View All Result
Monday, July 28, 2025
MM News
اردو
  • Home
  • Latest News
  • National
  • Dramas
  • Showbiz
    File Photo

    Alizeh Shah claims she is receiving death threats from fellow actress

    (Image: cinebuster.in)

    Who is Ruchi Gujjar and what did she do?

    Chal Mera Putt 4

    Trailer released for Chal Mera Putt 4 featuring Pakistani stars

    Gen V

    Gen V returns: What shocking truths are unveiled in the season 2 trailer?

    Image: Dunya News

    Does Dua Zahra love Babar Azam? The actress shares what’s in her heart

    image: Screengrab

    What is controversial about Benazir Bhutto in Indian film Dhurandhar that angers Pakistanis?

  • Thought Box
  • Business
  • Opinions
  • Technology
  • The Other Side
MM News
  • Home
  • Latest News
  • National
  • Dramas
  • Showbiz
    File Photo

    Alizeh Shah claims she is receiving death threats from fellow actress

    (Image: cinebuster.in)

    Who is Ruchi Gujjar and what did she do?

    Chal Mera Putt 4

    Trailer released for Chal Mera Putt 4 featuring Pakistani stars

    Gen V

    Gen V returns: What shocking truths are unveiled in the season 2 trailer?

    Image: Dunya News

    Does Dua Zahra love Babar Azam? The actress shares what’s in her heart

    image: Screengrab

    What is controversial about Benazir Bhutto in Indian film Dhurandhar that angers Pakistanis?

  • Thought Box
  • Business
  • Opinions
  • Technology
  • The Other Side
No Result
View All Result
No Result
View All Result
MM News
اردو
  • Latest
  • Showbiz
  • Thought Box
  • Business & Stock
  • Opinions
  • Technology
  • The Other Side-Pakistan
Home Business & Stock

Pakistan, US relaunch TIFA to promote bilateral trade

MM News Staff by MM News Staff
March 8, 2022
Assistant US Trade Representative (AUSTR) for South and Central Asia Christopher Wilson made the announcement. Source: US Embassy/Twitter.

Assistant US Trade Representative (AUSTR) for South and Central Asia Christopher Wilson made the announcement. Source: US Embassy/Twitter.

ISLAMABAD: Pakistan and the United States have relaunched the Trade and Investment Framework Agreement (TIFA) process to promote trade and investment between both countries.

Assistant US Trade Representative (AUSTR) for South and Central Asia Christopher Wilson made the announcement during an official visit to Islamabad.  “We succeeded in re-launching the TIFA…. we feel quite satisfied,” he said in a virtual press talk with a selected group of journalists after holding negotiations with ministry of commerce, adding that a number of challenges that needed to be overcome were discussed in the meetings. 

He said the purpose of their visit to Islamabad was to principally cover some meetings related to TIFA mechanism that US had negotiated with Pakistan some years ago. The mechanism provides a structure for both the governments to engage in future trade and investment.  He was of the view that there had not been a lot of activity under the TIFA for several years, so it was important to revive and effectively relaunch the process.

Wilson said, during the meetings, issues related to trade, market access, workers’ rights and regulatory practices were discussed. He said, both sides felt these meetings to be productive and realized the importance of relauching TIFA process, which has a lot of value for both governments. He expressed the hope that this process would be sustained at AUSTR level and potentially at the level of trade ministers of both countries.

US Congress considering GSP status

To a question, he said Pakistan had been beneficiary of the US Generalized System of Preferences (GSP). He said since the GSP was expired, neither Pakistan nor any other trading partner of US was receiving those trade preferences. He said the US congress was currently considering the reauthorization and renewal of GSP programme.

To a question, he said the current discussions were completely focused on trade and economic issues and there was no political discussion. He underscored the purpose of his visit was for reinforcing the trade and economic dimension of the relationship between US and Pakistan,

He said there was no discussion on Bilateral Investment Treaty (BIT) adding that the US delegation received updated information form the government of Pakistan on legal framework for intellectual property and undertaking of enforcement for ensuring intellectual property rights. He was of the view that both the countries can and should expand bilateral trade relationship for mutual benefit.

ShareTweetSendShare
Previous Post

Govt launches National Gender Policy Framework to empower women

Next Post

PSX closes on negative note for second day

Related Stories

representative image
Business & Stock

Gold prices in Pakistan today- Monday 28 July 2025

July 28, 2025
representative image
Business & Stock

Saudi Riyal to PKR rates today- 27 July 2025

July 27, 2025
file photo
Business & Stock

UAE Dirham to PKR rates today- July 27, 2025

July 27, 2025
file photo
Business & Stock

What is the new rate of profit on national savings schemes? Details released

July 27, 2025
Representative image
Business & Stock

Forex rates in Pakistan today- 27 July 2025

July 27, 2025
representative image
Business & Stock

Gold prices in Pakistan today- Sunday 27 July 2025

July 28, 2025
file photo
Business & Stock

UAE Dirham to PKR rates today- July 26, 2025

July 26, 2025
representative image
Business & Stock

Saudi Riyal to PKR rates today- 26 July 2025

July 26, 2025
Representative image
Business & Stock

Forex rates in Pakistan today- 26 July 2025

July 26, 2025
representative image
Business & Stock

NAB develops modern online system to curb fraud in real estate sector

July 26, 2025
Next Post
Source: MM News.

PSX closes on negative note for second day

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Trending Stories

representative image
Business & Stock

Gold prices in Pakistan today- Monday 28 July 2025

by MM News Staff
July 28, 2025
Tarnol
Crime

Islamabad raid explained: Why is Tarnol trending on social media?

by MM News Staff
July 28, 2025
OpenAI CEO Sam Altman (File Photo)
Technology

Don’t share your deepest secrets with ChatGPT, warns Sam Altman

by MM News Staff
July 27, 2025
File Photo
Daily Buzz

Alizeh Shah claims she is receiving death threats from fellow actress

by MM News Staff
July 27, 2025
(Representational Image)
Crime

Two fake doctors arrested after performing surgery on woman in Bahawalnagar

by MM News Staff
July 27, 2025

Opinion

nadeem moulvi
From Sects to Sunnah
July 15, 2025
- Nadeem Moulvi
Munir-Ahmed
Portugal and Pakistan: Building a Bilateral Bridge in a Fractured World
June 29, 2025
- Munir Ahmed
munir ahmed oped
A Peace Prize for Betrayals: Rethinking Pakistan’s Strategic Alliances
June 28, 2025
- Munir Ahmed
No posts found
See all

Weather Updates

Rescue personnel evacuate villagers by boat from a flooded village following heavy rains in the Taunsa district of Punjab on July 16, 2025. — AFP
National

Thousands displaced, crops destroyed as floods wreak havoc in Punjab

by MM News Staff
July 27, 2025

Floods have caused widespread devastation across several cities in Punjab, damaging crops and leaving...

File photo

KP issues travel advisory amid monsoon showers

July 26, 2025
Image: file photo

Weather updates for Islamabad, other parts of country

July 26, 2025
File Photo

Another monsoon spell to begin in Pakistan from July 28

July 25, 2025
See all

Prices

representative image
Business & Stock

Gold prices in Pakistan today- Monday 28 July 2025

by MM News Staff
July 28, 2025

The following are the latest gold prices in Pakistan on Monday, 28 July 2025....

Karachi residents pay the highest price for flour in Pakistan

July 27, 2025
representative image

Gold prices in Pakistan today- Sunday 27 July 2025

July 28, 2025
representative image

Gold prices in Pakistan today- Saturday 26 July 2026

July 26, 2025
See all

Transport News

Chakwal
Crime

Tragic bus crash in Chakwal: 6 dead, 24 injured near Dhok Sial

by MM News Staff
July 27, 2025

A bus fell into a ravine near Dhok Sial on the motorway in Chakwal,...

Charged Parking

Has the Sindh government put an end to parking fee extortion?

July 25, 2025

E-Taxi scheme launch date unveiled in Punjab

July 24, 2025
(File Photo)

Air Arabia Abu Dhabi expands operations in Pakistan with new Faisalabad, Multan flights

July 24, 2025
See all

MM Digital (Pvt.) Ltd.

MM News is a subsidiary of the MM Group of Companies. It was established in 2019 with the aim of providing people of Pakistan access to unbiased information. Contact Details: 03200201537

Quick Links

  • Home
  • Advertise
  • MM News Urdu
  • The Other Side-Pakistan
  • Contact Us
  • Privacy Policy

Top Pages

  • Latest News
  • Showbiz
  • OP-ED
  • Technology
No Result
View All Result
  • Latest News
  • Showbiz
  • Thought Box
  • Business
  • Opinions
  • Technology

© Copyright 2024 MMNews - All Rights Reserved.