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INFORMATION ON PAKISTAN

Pakistan Key Facts and Statistics:

  • Ontario Trade Fact Sheet
  • Pakistan has one of the most liberal foreign investment regimes in South Asia. One hundred per cent foreign equity is permitted in the manufacturing and infrastructure sectors.
  • Ongoing reform of Pakistan's trade regime is reducing tariff barriers.
  • Ontario's exports to Pakistan have grown by over 132 per cent over the last five years. Ontario's imports have grown about 10 per cent.
  • In 2005, about 10 per cent of Ontario's goods exports to Pakistan were ICT related.
  • The Government of Pakistan (GOP) has identified Information Technology as one of the four key areas that would contribute to the revival of the country's economy.
  • In 2006, Pakistan won the GSM Association's Government Leadership Award, which recognizes the GOP progress in establishing a thriving mobile communications sector over the past three years.
  • For 2006, Pakistan's GDP is projected to grow by 6.6 per cent.
  • Between 2005 and 2006, Pakistan's imports from the world are projected to increase by 25 per cent, while exports are expected to increase by 26 per cent.