Pakistan Trade and Investment Policy Program (PTIPP) Islamabad Post 22 April 2016.

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Presentation transcript:

Pakistan Trade and Investment Policy Program (PTIPP) Islamabad Post 22 April 2016

Pakistan’s Connectivity in the Region South Asia’s intra- regional trade is 5% of its total trade. In comparison, ASEAN intra-regional trade is over 25% of the region Pakistan is the least regionally integrated country in South Asia Pakistan’s three sea ports has the potential to link Central and West Asia to the Arabian Sea Pakistan lies at a key trade route between energy-rich (W&C.Asia) and countries with high demand for energy (S. Asia)

PTIPP Overview Timeline: July 2015 – June 2018 Total Value: AUD 9.9 million Implementing Partner: World Bank Group Core Pillars 1.Trade Strategy 2.Institutional Strengthening 3.Trade Facilitation 4.Heritage Tourism

Medium Term Regional Strategy Regional Trade Office established Export Competitiveness and Transit Trade Free Trade Agreements (Pakistan-China FTA) Gender and Trade Studies Trade Facilitation Time Release Study – Torkham Border Post (Pakistan-Afghanistan) Implementation of Wagha Border (Pakistan-India) Time Release Study recommendations. Heritage Tourism Scoping studies for Sikh tourism circuit completed. Initial study on Buddhist tourist circuit underway Study on entrepreneurship in the tourism sector underway Institutional Strengthening Technical assistance on regulatory and institutional improvements in the Pakistan's Commerce Ministry and associated Departments Activities put on hold until the work on the Medium Term Strategy completed and the strategic direction defined Implementation Progress

Evolving politics in the region Pakistan’s political and economic relationship with India, Afghanistan and Iran National Security Concerns Government of Pakistan’s commitment to adopt and drive reform Intra-governmental coordination Economic protectionism Gender inclusion Only 3 percent of women are involved in economic activities in Pakistan’s formal sector Challenges

Participation in the World Bank South Asia Regional Cooperation Champions Meetings Political Engagement Exploring use of the World Bank’s Policy Credit as lever for the reform progress Policy Reform Targeted activities designed to expand the pool of women entrepreneurs Negotiated 25% full time equivalent time of WB Social Development Adviser to PTIPP Gender Management Response

QUESTIONS?