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Pakistan and Vietnam Launch Talks on Preferential Trade Deal

Negotiators set a late-2025 deadline for a pact that expands market access.

Overview

  • A joint statement signed in Islamabad at the PakistanVietnam Business Forum formally opened Preferential Trade Agreement negotiations.
  • Commerce Minister Jam Kamal Khan and Vietnam’s Industry and Trade Minister Nguyen Hong Dien co-chaired the forum and outlined next steps for the talks.
  • Officials said the PTA framework seeks tariff cuts and relief from non-tariff barriers to boost competitiveness and diversify exports.
  • Priority collaboration areas include textiles, leather, pharmaceuticals, agriculture, food processing, fisheries, construction materials, and information technology.
  • Both sides discussed direct flights and easier visas to support trade and tourism, invited Vietnamese investment in Pakistan’s SEZs, and flagged the FoodAg exhibition in Karachi in November 2025.