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Global Go To Think Tank Index (GGTTI) 2020 launched                    111,75 Think Tanks across the world ranked in different categories.                SDPI is ranked 90th among “Top Think Tanks Worldwide (non-US)”.           SDPI stands 11th among Top Think Tanks in South & South East Asia & the Pacific (excluding India).            SDPI notches 33rd position in “Best New Idea or Paradigm Developed by A Think Tank” category.                SDPI remains 42nd in “Best Quality Assurance and Integrity Policies and Procedure” category.              SDPI stands 49th in “Think Tank to Watch in 2020”.            SDPI gets 52nd position among “Best Independent Think Tanks”.                           SDPI becomes 63rd in “Best Advocacy Campaign” category.                   SDPI secures 60th position in “Best Institutional Collaboration Involving Two or More Think Tanks” category.                       SDPI obtains 64th position in “Best Use of Media (Print & Electronic)” category.               SDPI gains 66th position in “Top Environment Policy Tink Tanks” category.                SDPI achieves 76th position in “Think Tanks With Best External Relations/Public Engagement Program” category.                    SDPI notches 99th position in “Top Social Policy Think Tanks”.            SDPI wins 140th position among “Top Domestic Economic Policy Think Tanks”.               SDPI is placed among special non-ranked category of Think Tanks – “Best Policy and Institutional Response to COVID-19”.                                            Owing to COVID-19 outbreak, SDPI staff is working from home from 9am to 5pm five days a week. All our staff members are available on phone, email and/or any other digital/electronic modes of communication during our usual official hours. You can also find all our work related to COVID-19 in orange entries in our publications section below.    The Sustainable Development Policy Institute (SDPI) is pleased to announce its Twenty-third Sustainable Development Conference (SDC) from 14 – 17 December 2020 in Islamabad, Pakistan. The overarching theme of this year’s Conference is Sustainable Development in the Times of COVID-19. Read more…       FOOD SECIRITY DASHBOARD: On 4th Nov, SDPI has shared the first prototype of Food Security Dashboard with Dr Moeed Yousaf, the Special Assistant to Prime Minister on  National Security and Economic Outreach in the presence of stakeholders, including Ministry of National Food Security and Research. Provincial and district authorities attended the event in person or through zoom. The dashboard will help the government monitor and regulate the supply chain of essential food commodities.

China-Pakistan Economic Corridor

Published Date: Aug 6, 2019

Second Free Trade Agreement panacea for socio-economic development in Pakistan, says experts

Experts recommended the government to shift towards sustainable development policies and develop competitiveness in trade. Dr. Wang said that the trade deficit of Pakistan is due to structural issues and finalization of the Second Free Trade Agreement between the two countries will help resolve this issue. Hassan Daud Butt and Dr. Hina Aslam too termed the agreement symbiotic in nature. Mustafa Haider Syed called for a revision in the traditional approach of looking for concessions, favors, and grants and urged the business community and government to devise such policies which should which would help develop sustainable development practices.

Experts on Monday called upon the government to build its export capacity to cater the demand of Chinese markets at competitive pricing, amid finalization of second phase of Free Trade Agreement (FTA) between Pakistan and China.
They termed the FTA as a silver lining for Pakistan’s economy and splendid opportunity for both countries. The seminar titled “Pakistan China Free Trade Agreement (FTA): Where we are and where we are going?” was organised by the Sustainable Development Policy Institute (SDPI).
Speaking on the occasion, Dr Wang Zhihua, Minister Counselor, Economic and Commercial Section, Chinese Embassy in Pakistan said though trade volume between Pakistan and China has increased over the years but trading imbalance remained the biggest challenge and concerned by the Pakistani government and the business community. “The main reason behind the trade imbalance between the two countries was of structural in nature, where China has strong manufacturing base to export goods as compared to import” he said and added the finalization of second phase of free trade agreement (FTA) between two countries on the sideline of second Belt and Road Forum will help resolve these issues and strengthen further bilateral trade ties. Dr Zhihua argued that as per phase two FTA, China has agreed to eliminate duties on more than 300 products, especially in the agriculture sector, where Pakistan has the potential to expand its export basket to China. He said China also encourage more business to business interaction activities in China to help Pakistani business community to learn more about Chinese demand and needs. “We hoped that the incumbent government will adopt new industrial policy at the earliest to help improve business environment and ease of doing business”, he said and added this will also help Chinese investors to bring more investments which will also help build manufacturing capacity of the country.
Project Director and Focal Person for CPEC, Hassan Daud Butt said the previous two FTAs could not yield the desired results, hence, pave the way for another revised agreement for the mutual benefit of both Pakistan and China. “In the previous FTAs between China and Pakistan, there were no safeguard measures for industries, no synergy between relevant institutions, balance of payment vision was not incorporated, and no data exchange policy was agreed to counter under-invoicing issues”, he said and added the revised FTA with China has incorporated all these factors to make the commercial relationships beneficial for both countries. He also argued that due to lack of efficiency and relatively lower productivity of human resource, Pakistan was lagging behind in the race of competitiveness as compared to its peer countries in the region and internationally. He stressed the need for enhanced efficiency and urged the business community to initiate joint ventures with the Chinese businesses.
In her opening remarks, Dr Hina Aslam, Head of China Study Center, SDPI said that even though Pakistan and China had signed two FTAs already — one in 2006 on trade in goods and the other in trade in services in 2009 — but their impact has been less than salutary on Pakistan’s economy. “Under the revised FTA, China has agreed to provide duty free access and unilateral concession to 313 Pakistani product lines (an increase of 257 tariff lines) over the next fifteen years. Moreover, under the new FTA, Pakistan would commission approximately 65% of its market with Chinese exports, whereas China would open up 90% of its market for Pakistani exports”, she said added this would also help in remedying the colossal trade deficit between the two countries, which was around $10b last year.
Dr Hina said that amidst the national and global economic tranquility, the culmination of second phase of Free Trade Agreement is none less than a silver lining for Pakistan’s economy. “China’s annual imports figure stands at $2 trillion, whereas $64 billion of its imports are what Pakistan produces”, she said added if Pakistan manages to capture 10% share of those $64 billion Chinese imports, it can experience a significant increment in exports – reaching up to $6.5 billion.
Mustafa Hyder Sayed, Executive Director, The Pakistan-China Institute, Islamabad stressed the need for changing mindset when it comes to trade with China. “We always look for concessions, favours and grants, whereas, we failed to developed our own market and industries” he said added the government of Pakistan and business community must fundamentally change the mindset and thinking towards China and other trade destinations. He argued that there is no preparedness on the list of products by our businesses and the government which could compete internationally. “Pakistan needs to improve its regulatory environment and need to ensure the ease of doing business to attract investments”, he added.