FTA (Free Trade Agreement)
A deep agreement in which two or more countries remove tariffs on most goods traded between them, usually phased over several years.
In PTAD: e.g. China–Pakistan FTA, Malaysia–Pakistan FTA, Sri Lanka–Pakistan FTA.
PTA (Preferential Trade Agreement)
A lighter agreement in which countries grant reduced tariffs on a selected list of products, rather than on nearly all goods.
In PTAD: e.g. Iran, Indonesia, Mauritius, Uzbekistan, Azerbaijan, Türkiye PTAs.
RTA (Regional Trade Agreement)
An agreement among countries of a region to give each other preferential tariffs.
In PTAD: e.g. SAFTA, SAPTA (South Asia).
MTA (Multilateral Trade Agreement)
An agreement among many countries across regions, often among developing nations.
In PTAD: e.g. D-8, GSTP, PTN.
GSP (Generalized System of Preferences)
A scheme in which a developed country unilaterally (on its own, without a two-way deal) grants lower tariffs to imports from developing countries, to help their exports.
In PTAD: Pakistan benefits from GSP schemes of the EU, UK, USA, Canada, Australia, New Zealand, Norway, Switzerland, Japan, Türkiye and the EAEU.
GSP+
An enhanced tier of the EU’s GSP giving extra tariff cuts to countries that ratify and implement international conventions on human rights, labor, environment and good governance. Pakistan is a GSP+ beneficiary.
EAEU (Eurasian Economic Union)
A single economic bloc of five countries (Russia, Belarus, Kazakhstan, Kyrgyzstan, Armenia) that applies one common external tariff; its GSP scheme is treated as one module covering all five.
Unilateral preference
A tariff cut granted by one country to another with nothing required in return (the basis of all GSP schemes).
Bilateral / Multi-country
Bilateral = between two countries. Multi-country = among several members (as in SAPTA, GSTP, PTN, D-8).