Indonesia–Pakistan Preferential Trade Agreement
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Indonesia–Pakistan Preferential Trade Agreement
The Indonesia–Pakistan Preferential Trade Agreement is a bilateral preferential trade agreement between Indonesia and Pakistan, signed on 3 February 2012. Clauses The full agreement contained a single chapter with ten articles, the initial agreement containing lists of impacted Pakistani and Indonesian merchandise which covered 232 Indonesian goods and 311 Pakistani goods. Among other items, the agreement allowed Pakistani kinnow to enter Indonesia without tariffs and gave Indonesian palm oil a 15 percent margin of preference when entering Pakistan. History Prior to the agreement, the two countries had agreed to a Framework Agreement on Comprehensive Economic Partnership sign by both trade ministers in November 2005. The full agreement was signed on 3 February 2012 in Jakarta after six rounds of negotiations. Indonesia formally ratified the agreement in November 2012, and the clauses came to effect in September 2013. Since its signing, at least three rounds of renegotiations ...
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Preferential Trading Area
A preferential trade area (also preferential trade agreement, PTA) is a trading bloc that gives preferential access to certain products from the participating countries. This is done by reducing tariffs but not by abolishing them completely. It is the first stage of economic integration. These tariff preferences have created numerous departures from the normal trade relations principle, namely that World Trade Organization (WTO) members should apply the same tariff to imports from other WTO members. With the recent multiplication of bilateral PTAs and the emergence of Mega-PTAs (wide regional trade agreements such as the Transatlantic Trade and Investment Partnership (TTIP) or Trans Pacific Partnership (TPP)), a global trade system exclusively managed within the framework of the WTO now seems unrealistic and the interactions between trade systems have to be taken into account. The increased complexity of the international trade system generated by the multiplication of PTAs s ...
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Indonesia
Indonesia, officially the Republic of Indonesia, is a country in Southeast Asia and Oceania between the Indian and Pacific oceans. It consists of over 17,000 islands, including Sumatra, Java, Sulawesi, and parts of Borneo and New Guinea. Indonesia is the world's largest archipelagic state and the 14th-largest country by area, at . With over 275 million people, Indonesia is the world's fourth-most populous country and the most populous Muslim-majority country. Java, the world's most populous island, is home to more than half of the country's population. Indonesia is a presidential republic with an elected legislature. It has 38 provinces, of which nine have special status. The country's capital, Jakarta, is the world's second-most populous urban area. Indonesia shares land borders with Papua New Guinea, East Timor, and the eastern part of Malaysia, as well as maritime borders with Singapore, Vietnam, Thailand, the Philippines, Australia, Palau, and India ...
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Pakistan
Pakistan ( ur, ), officially the Islamic Republic of Pakistan ( ur, , label=none), is a country in South Asia. It is the world's List of countries and dependencies by population, fifth-most populous country, with a population of almost 243 million people, and has the world's Islam by country#Countries, second-largest Muslim population just behind Indonesia. Pakistan is the List of countries and dependencies by area, 33rd-largest country in the world by area and 2nd largest in South Asia, spanning . It has a coastline along the Arabian Sea and Gulf of Oman in the south, and is bordered by India to India–Pakistan border, the east, Afghanistan to Durand Line, the west, Iran to Iran–Pakistan border, the southwest, and China to China–Pakistan border, the northeast. It is separated narrowly from Tajikistan by Afghanistan's Wakhan Corridor in the north, and also shares a maritime border with Oman. Islamabad is the nation's capital, while Karachi is its largest city and fina ...
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Kinnow
The Kinnow is a high yield mandarin hybrid cultivated extensively in the wider Punjab region of India and Pakistan. It is a hybrid of two citrus cultivars — 'King' (''Citrus nobilis'') × 'Willow Leaf' (''Citrus × deliciosa'') — first developed by Howard B. Frost, at the University of California Citrus Experiment Station. After evaluation, the kinnow was released as a new citrus hybrid for commercial cultivation in 1935. Description In a hot climate, plants can grow up to high. Kinnow trees are highly productive; it is not uncommon to find 1,000 fruits per tree. The fruit matures in January or February. It peels easily and has a high juice content. Seedless kinnow/ low seeded kinnow The high seed content in this variety is a major hindrance in out-of-hand eating. Mikeal Roose of University of California, Riverside, USA developed a low seeded kinnow and this variety was released under the name 'Kinnow LS' in the year 2011. H.S. Rattanpal of Punjab Agricultural Univer ...
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Palm Oil
Palm oil is an edible vegetable oil derived from the mesocarp (reddish pulp) of the fruit of the oil palms. The oil is used in food manufacturing, in beauty products, and as biofuel. Palm oil accounted for about 33% of global oils produced from oil crops in 2014. Palm oils are easier to stabilize and maintain quality of flavor and consistency in processed foods, so are frequently favored by food manufacturers. On average globally, humans consumed 7.7 kg (17 lb) of palm oil per person in 2015. Demand has also increased for other uses, such as cosmetics and biofuels, creating more demand on the supply encouraging the growth of palm oil plantations in tropical countries. The use of palm oil has attracted the concern of environmental groups due to deforestation in the tropics where palms are grown, and has been cited as a factor in social problems due to allegations of human rights violations among growers. An industry group formed in 2004 to create more sustainable and et ...
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Pakistan Business Council
The Pakistan Business Council (PBC) ( ur, ) is a business policy advocacy platform, established in 2005 by 14 of Pakistan's (now 68) largest private-sector businesses / conglomerates, including multinationals. It is a professionally run organization headed by a full-time chief executive officer and Company Secretary. The current CEO is Mr. Ehsan Malik, who brings with him considerable experience of working in the corporate sector and with the government, and the company secretary is Mustafa Kamal Zuberi. The PBC is a not-for-profit entity, registered under Section 42 of the Companies Ordinance 1984. Though it is not required under the law to do so, the PBC follows to the extent possible, the Code of Corporate Governance as applicable to listed companies. Objectives of the PBC: The major objectives of the PBC as stated in its founding documents are: * To provide for the formation and exchange of views on any question connected with the conduct of businesses in and from Pakis ...
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Ministry Of Trade (Indonesia)
The Ministry of Trade (Indonesian: ''Kementerian Perdagangan'') is a ministry of the Government of Indonesia that directs the formulation of policies related to the development of trade in Indonesia. Organization Structure Based on Presidential Decree No. 48/2015, Ministry of Trade is organized into the following: # Secretariat General # Directorate General of Domestic Trade # Directorate General of Consumer Protection and Trade Order # Directorate General of Foreign Trade # Directorate General of International Trade Cooperation # Directorate General of National Export Development # Inspectorate General # Commodity Futures Trading Supervisory Agency # Trade Policy Analysis and Development Agency # 4 Experts References External links Homepage Trade Indonesia Indonesia, officially the Republic of Indonesia, is a country in Southeast Asia and Oceania between the Indian and Pacific oceans. It consists of over 17,000 islands, including Sumatra, Java, S ...
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The Express Tribune
''The Express Tribune'' is a daily English-language newspaper based in Pakistan. It is the flagship publication of the '' Daily Express'' media group. It is Pakistan's only internationally affiliated newspaper in a partnership with the ''International New York Times'', the global edition of ''The New York Times''. Headquartered in Karachi, it also prints copy from offices in Lahore, Islamabad, and Peshawar. It was launched on 12 April 1999, in broadsheet format, with a news design distinctive from traditional Pakistani newspapers. Its editorial stance identifies with social liberalism, and its readership is generally on the mainstream left of Pakistani political and social opinion. Topics the newspaper covers include politics, international affairs, economics, investment, sports, and culture. It runs a glossy called ''Express Tribune Magazine'' on Sunday, which includes social commentary, interviews, and a four-page supplement with recipes, reviews, travel advice, blogs, and tech ...
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Islamabad
Islamabad (; ur, , ) is the capital city of Pakistan. It is the country's ninth-most populous city, with a population of over 1.2 million people, and is federally administered by the Pakistani government as part of the Islamabad Capital Territory. Built as a planned city in the 1960s, it replaced Rawalpindi as Pakistan's national capital. The city is notable for its high standards of living, safety, cleanliness, and abundant greenery. Greek architect Constantinos Apostolou Doxiadis developed Islamabad's master plan, in which he divided it into eight zones; administrative, diplomatic enclave, residential areas, educational and industrial sectors, commercial areas, as well as rural and green areas administered by the Islamabad Metropolitan Corporation with support from the Capital Development Authority. Islamabad is known for the presence of several parks and forests, including the Margalla Hills National Park and the Shakarparian. It is home to several landmarks, includin ...
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The News International
''The News International'', published in broadsheet size, is one of the largest English language newspapers in Pakistan. It is published daily from Karachi, Lahore and Rawalpindi/Islamabad. An overseas edition is published from London that caters to the Pakistani community in the United Kingdom.Profile of Pakistani newspaper The News International on mondotimes.com website
Retrieved 22 September 2017.


Publication

''The News International'' and its Sunday version ''The News on Sunday'' is published by the , publisher of the ''



Enggartiasto Lukita
Enggartiasto Lukita (born 12 October 1951 in Cirebon, Indonesia) is an Indonesian politician and businessman. He served as the Minister of Trade from 27 July 2016 until 23 October 2019. He was previously renown as the Chairman of Indonesian Real Estate in 1992–1995 and the member of Indonesian People's Representative Council for three terms from 2000–2004, 2004–2009, and 2009–2013 under the Golkar Party. In 2013 Enggartiasto Lukita decided to join the Nasdem Party which was declared by his previous partner in Golkar, Surya Paloh. He was appointed as the Minister of Trade during President Joko Widodo's second cabinet reshuffle. Background Enggartiasto Lukita was born Loe Joe Eng in Cirebon, West Java, on 12 October 1951. He completed studies at the English Department, Faculty of Language and Art Education, Bandung Teachers' Training College (now, Indonesia University of Education). Lukita made his entrance in politics through Indonesia People's Consultative Assembly in ...
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Free Trade Agreement
A free-trade agreement (FTA) or treaty is an agreement according to international law to form a free-trade area between the cooperating states. There are two types of trade agreements: bilateral and multilateral. Bilateral trade agreements occur when two countries agree to loosen trade restrictions between the two of them, generally to expand business opportunities. Multilateral trade agreements are agreements among three or more countries, and are the most difficult to negotiate and agree. FTAs, a form of trade pacts, determine the tariffs and duties that countries impose on imports and exports with the goal of reducing or eliminating trade barriers, thus encouraging international trade. Such agreements usually "center on a chapter providing for preferential tariff treatment", but they also often "include clauses on trade facilitation and rule-making in areas such as investment, intellectual property, government procurement, technical standards and sanitary and phytosanitary i ...
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