Trade contracts eroding market access.

• Position: Mujtaba Paracha, ambassador-designate to the permanent mission of Pakistan at the WTO

An increase in preferential trade arrangements and free trade areas between some members of the World Trade Organisation (WTO) is eroding market access, said Ambassador-designate to the permanent mission of Pakistan at the WTO Mujtaba Paracha.

Speaking at the Islamabad Chamber of Commerce and Industry (ICCI), he stressed that Pakistan's private sector should adopt a proactive approach in order to search for new markets and improve exports. He assured...