Pakistan moves closer to signing landmark trade agreement with GCC

ISLAMABAD: Pakistan and Saudi Arabia have reached a consensus on the investment modalities, paving the path for the ratification of a much-awaited free trade agreement with the Gulf Cooperation Council (GCC), a development that has been pending for the last 19 years.

A high-powered delegation, led by Interim Commerce Minister Gohar Ejaz, held the final round of discussions with the GCC’s chief negotiator in Riyadh on Saturday. The goal was to finalise the investment segment of the FTA,...