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Pakistan and Vietnam Launch PTA Talks, Target Deal by End of 2025

A joint statement opens negotiations focused on market access, connectivity, visa facilitation and investor engagement.

Overview

  • Commerce ministers Jam Kamal Khan and Nguyễn Hồng Diên signed the document in Islamabad to formally initiate the process.
  • The proposed pact seeks to widen market access and cut tariff and non‑tariff barriers to support more diversified trade and investment.
  • Officials highlighted priority sectors including textiles, leather, pharmaceuticals, agriculture, food processing, fisheries, construction materials and information technology.
  • Pakistan invited Vietnamese companies to pursue joint ventures and manufacturing in its Special Economic Zones, with options under review for direct flights and streamlined visas.
  • Both governments pledged cooperation in science, technology and innovation, promoted business engagement at November’s FoodAg exhibition in Karachi, and voiced support for communities in Vietnam affected by recent floods.