Doing Business in Pakistan
EENI - Business School.
Subject (Course): International Trade and Business in Pakistan - Islamabad. Syllabus:
- Introduction to the Islamic Republic of Pakistan (Central
- The Economy of Pakistan.
- International Trade of Pakistan.
- The main exports: products and markets.
- Foreign Direct Investment (FDI).
- International Trade Development Authority of Pakistan.
- Sales promotion in Pakistan.
- Doing Business in Karachi, Islamabad, and Lahore.
- Case Study:
- Pakistani Information Technology Industry
- Automotive Sector
- Hinopak Motors
- Pakistan Telecommunication
- Chawla Group.
- Case Study - Pakistani Muslim Businessperson:
- Shahid Khan
- Saigol Family
- Mian Muhammad Mansha
- Dewan Farooqui.
- Access to the Pakistani market
- Business Plan for Pakistan
Objectives of the subject “Doing Business in the Islamic Republic of Pakistan”:
- To analyse the Pakistani economy and foreign trade
- To evaluate business opportunities in the Islamic Republic of Pakistan
- To explore Pakistan's trade relations with the student's country
- To know Pakistan's Free Trade Agreements (FTAs)
- To examine the profile of Pakistani companies and businessperson
- To develop a business plan for the Pakistani market
Sample of the subject - Doing Business in Pakistan:
Subject Description (Doing Business in Pakistan).
The Islamic Republic of Pakistan.
- Borders of Pakistan: Afghanistan, Iran, India, and China.
- Pakistani Population: 199 millions of people
- Area: 881,913 square kilometres
- The capital of Pakistan: Islamabad
- The largest city Karachi
- Pakistani official languages: Urdu (official) and English (co-official)
- Other languages: Punjabi, Pashto, and Sindhi
- Currency: Pakistani Rupee (PKR)
- Independence from the United Kingdom: 1940
- Abolition of slavery in Pakistan: 1992 (the last country in the World to abolish slavery)
Religion in Pakistan.
Islam is the state religion of the Islamic Republic of Pakistan, most of 199
million Pakistanis (95-97%) are Sunni Muslims, and Shiites represent 5% of the population, the second country after Iran.
- Most Muslims in Pakistan
follows Madhhab Hanafi school of Islamic jurisprudence.
- Pakistan is a democratic Parliamentary Federal Republic with Islam as the state religion.
- In 1979 the new penal measures based on Islamic
principles of law (Sharia) entered into
force (establishing a social welfare system based on Zakat).
- Only Muslims have the right to act as judges in the Federal Court of the Sharia.
- Headquarters of the Islamic Chamber of Commerce and Industry
are in Pakistan
- Hinduism: 1% of the population (3.6 million)
Pakistan belongs to the Central Eurasian Economic Area of the Islamic Civilisation.
The Economy of Pakistan.
- Pakistan is a Frontier Market
- The Islamic Republic of Pakistan is advantageously situated in Central-South Asia.
- Pakistan is a Next Eleven economy with major economic and political challenges.
- Pakistan has made significant economic reforms mainly in the manufacturing
sector and financial services, but the Outlook for economic growth in the Islamic Republic of Pakistan is not optimistic.
- The Automotive sector of Pakistan (32 Automotive manufacturing units) is one of the largest contributors to the manufacturing in Pakistan (growth of 30% annually)
- The Textile industry of the Islamic Republic of Pakistan is the largest driver of the export growth
- International Trade Development Authority of Pakistan is the agency of the Government of Pakistan working for the promotion of External Trade of Pakistan.
Shahid “Shad” Khan (Pakistan, 1952) is a prominent billionaire businessperson living in the United States. He is the owner of the Jacksonville Jaguars and Flex-N-Gate (manufacturer of auto components).
The Saigol Family (from India) established the first textile unit “Kohinoor Textile Mills” under the umbrella of Kohinoor Industries Limited.
Pakistan has preferential access to the markets:
- Economic Cooperation Organisation (ECO)
- South Asian Association for Regional Cooperation (SAARC)
- Asian Clearing Union (ACU)
- Central Asia Regional Economic
Cooperation (CAREC) Programme
- Trade Preferential System among the Member States of the Organisation of Islamic Cooperation (TPS-OIC)
- Free Trade Agreement (FTA) with China
- Preferential Trade Area with Mauritius
- ASEAN-Pakistan Free Trade Area
- Pakistan-Sri Lanka Free Trade Agreement
- Pakistan-India Free Trade Agreement
- Pakistan-MERCOSUR Free Trade Agreement (FTA)
- Islamic Development Bank
- Organisation of Islamic Cooperation
- Boao Forum for Asia
- Asia Cooperation Dialogue
- Economic Social Commission Asia-Pacific (ESCAP)
- Asian Development Bank
- Colombo Plan
Mian Muhammad Mansha