The United States and Pakistan established diplomatic relations in 1947, shortly after Pakistan gained its independence. Since then, relations have alternated between episodes of close partnership and sharp friction—reflecting the ups and downs of global and regional geopolitics. The tides of foreign policy have correspondingly affected trade and investment. Post-September 11th diplomacy has now created a strong relationship between Pakistan and the United States. Would a free trade agreement between these two counties benefit them? What type of economic benefits could be expected? This new book looks at this question and many others and concludes that a free trade agreement between the United States and Pakistan would benefit both countries.
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1. Introduction [pdf]
2. Agricultural Market Access and Related Issues
3. Textiles and Clothing
4. Other Manufactures
5. Environmental and Labor Issues in Pakistan
6. Government Procurement [pdf]
7. Investment and Services
8. Estimates from Gravity and CGE Models
by Dean A. DeRosa and John P. Gilbert
9. Conclusion [pdf]
Appendix A Pakistan and South Asia
Appendix B Technical Aspects of the Gravity and CGE Models