Pakistan, Qatar agree to enhance bilateral trade volume

In order to enhance bilateral trade, Pakistan and Qatar have agreed in principle on a preferential trade agreement (PTA) and a free trade agreement (FTA), a private media outlet reported on Monday, adding that the agreements would soon be signed after necessary formalities.

Pakistan has also offered to establish a plant in Qatar to manufacture footballs for the FIFA World Cup 2022 as well as subsequent football tournaments.

Nebras Power, a major investment group in Qatar’s energy sector, has expressed an interest in investing directly in Pakistan’s power sector.

The Nebras Power Consortium will take part in the privatisation of the Haveli Bahadur Shah and Balloki power plants in Pakistan.

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