Free trade agreement between Pakistan and China has come into force from today, which will increase Pakistan’s exports to China.
With the implementation of the Free Trade Agreement between Pakistan and China, 90 percent of China’s duty-free imported goods will be available in Pakistan while Pakistan’s 313 products will have duty-free access to Chinese markets.
In this connection, Secretary Trade Sardar Ahmad Nawaz Sukhera said that the second trade agreement between Pakistan and China has been in force from today.
It is to be noted that the first free trade agreement between Pakistan and China was made during Prime Minister Imran Khan‘s visit to China in April last year.
In this regard, Prime Minister’s Adviser for Trade Abdul Razzaq Dawood said that the Free Trade Agreement has opened trade doors for Pakistan and Pakistan’s exports to China are expected to increase by $ 6 billion in 5 years.