DUBAI: Pakistan will pursue individual trade deals with Saudi Arabia, the United Arab Emirates and Oman, a senior official said on Sunday, as talks with the Gulf Cooperation Council (GCC) remain stalled.

The GCC, which includes those three countries plus Qatar, Kuwait and Bahrain, started free trade talks with Pakistan in 2004. It has not implemented a free trade deal since 2015.

Talking to Reuters, Adviser to the Prime Minister on Commerce Abdul Razak Dawood expressed the hope that bilateral negotiations for preferential trade deals with the three Gulf Arab states would start in the next 6-12 months. “We feel it is far better to do individual [deals] at the moment rather than with the GCC as a bloc,” he said in Dubai.

A preferential trade deal typically gives certain products preferential access such as by reducing or removing tariffs.

Mr Dawood said the negotiations would cover a limited number of goods and would not be as comprehensive as a free trade agreement, though over time the deals, if secured, could be expanded. He did not say which goods Pakistan would seek to include.

The UAE announced this month that it would seek broad economic agreements covering trade and investments with eight countries, including India, Britain and Turkey, but not Pakistan.

Saudi, Emirati and Omani officials could not be immediately reached for comment on the Pakistani official’s statement.

Mr Dawood is in Dubai to assess preparations for Pakistan’s participation in the six-month Expo world fair being held there from next month. He said Pakistan would highlight safety and diversity at the Expo which, he hoped, would lead to an increase in the number of tourists and investments in the South Asian nation.

This month, New Zealand’s cricket team pulled out of an upcoming tour of Pakistan over security concerns.

“We were not expecting something like this to happen and that is the type of perception that we have to overcome,” Mr Dawood said.

Published in Dawn, September 27th, 2021

Opinion

Editorial

Half victories
Updated 01 Dec, 2023

Half victories

Nawaz Sharif cannot be considered irrational for lacking faith in the judicial process.
AIDS alarm
01 Dec, 2023

AIDS alarm

AS countries observe World AIDS Day today, it is a moment of reflection for Pakistan, which is grappling with an...
Turbat protest
01 Dec, 2023

Turbat protest

ONCE again, people in Balochistan are out on the streets against the alleged excesses of the state. The trigger of...
Political sacrifice
Updated 30 Nov, 2023

Political sacrifice

Imran deserves praise for displaying political maturity in handling party's chairmanship transition.
‘Quick-fix’ nation
30 Nov, 2023

‘Quick-fix’ nation

THE impulse for policy prescriptions that will quickly ‘fix’ the rotten economy, create tens of hundreds of jobs...
Narcotics menace
30 Nov, 2023

Narcotics menace

WE are watching a tragedy unfold — the curse of substance abuse and addiction hits every fourth household in...