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2nd phase China-Pakistan FTA comes into effect this month

03
Dec '19
Pic: Shutterstock
Pic: Shutterstock
The second phase of the China-Pakistan Free Trade Agreement (FTA) became effective this month, allowing Pakistan to export over 300 new products on zero duty to China. All legal formalities to start its implementation have been completed by the two sides, which signed a protocol in that regard during the last visit of Prime Minister Imran Khan to China.

Pakistan is already enjoying zero duty on export of 724 products to China under the first Free Trade Agreement signed between the two countries in 2006, according to Pakistani media reports.

Fibre2Fashion News Desk (DS)


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