Pakistan Institute of Trade and Development, formaly Foreign Trade Institue of Pakistan (FTIP), was created under a Resolution in 1989, to provide specialised training to the newly officers of the Commerce and Trade Group.
Trade Policy 2007-08 announced the restructuring of FTIP in the following words: "A major constraint in the past has been the lack of effective research and information on multi-pronged trade and globalisation issues. The Foreign Trade Institute of Pakistan was created in 1989 with the objective of this research base but infact, was reduced to an average institute, providing some training to new officers of Commerce and Trade Group. In order to plug the orignal research gap, the Government decided to restructure the Foreign TRade Institute of Pakistan. In addition to conducting policy research on all key aspects of trade competitiveness, the institute will be the premier body for capacity building and human capital development on commerce. This institute will also provide an important forum for the dicussiion and dissemination of information on issues of commerce."
After undertaking necessary managment and governance changes, FTIP formally became Pakistan Institute of Trade and Development (PITAD) in 2009. With the addition of new human resource from the market, PITAD now has a new dynamic team of researchers, trainers and support staff and is fully functional as an independent policy think tank and training center on international trade.
To become Centre of Excellence of International Stature on Pakistans Trade, Commerce and Economy.
To help enhance national trade competitiveness through policy research, capacity building and advice to policy makers and relevant stakeholders in Pakistans Trade , Commerce and Economy.