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Pak, Thailand to present final lists of FTA by Dec

27
Nov '18
Pak, Thailand to present final lists of FTA by Dec
Thailand and Pakistan will present their final lists of items for a free trade agreement (FTA) in the next round of negotiations scheduled in December. Pakistan, which wants concession on 115 items in the areas of textiles, agro-products, plastic and pharmaceuticals, would reportedly derive benefits worth $250 million after the FTA is signed.

Pakistan has a relative advantage over Thailand in 684 commodities, including cotton yarn, woven textiles, readymade garments, leather products, surgical instruments and sports goods, a Pakistani news agency reported quoting a senior commerce ministry official.

China had agreed to provide market access to 60 items shared by Pakistan for the Pakistan-China FTA besides offering concession on all items included in the offer list, the official was quoted as saying. (DS)

Fibre2Fashion News Desk – India


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