Saturday , January 25 2020

313 products of Pakistan got duty-free access to Chinese markets

Chinese markets

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.

Related: 629 Pakistani brides to be sold in China: report revealed

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.

Check Also

stock market

Pakistan stock market started with a positive trend

Islamabad: The second day of the trading week in Pakistan stock market has started with …

Leave a Reply

Your email address will not be published. Required fields are marked *