Implementation of 2nd CPFTA reflects endless Pak-China ties: SAPM

Syed Umarullah HussainiWeb Editor

02nd Dec, 2019. 01:02 pm
deep grief

Special Assistant to Prime Minister Imran Khan on information and broadcasting Dr. Firdous Ashiq Awan has said the implementation of the second phase of the China-Pakistan Free Trade Agreement (CPFTA) reflects the everlasting relationship between the two countries.

In a series of tweets, Dr Firdous said, “Congratulations to Iron Brothers on the start of the second phase of the China Pakistan Free Trade Agreement (CPFTA). This is good news for the people and friends of both countries. In the coming days, there will be even more good news about CPEC and Pak-China friendship.”

She said, “The Free Trade Agreement is not only a sign of the deep friendship and ever-expanding relationship between the two countries, but it will also allow Pakistani businessmen to export products at zero duty in Chinese markets.”

She added, “Pakistan’s textile sector will most benefit from this. Apart from this, agriculture, leather products, confectionery and biscuit makers will also benefit greatly and Pakistani products can be exported to China.”

Dr Firdous also said, “Under this agreement, Pakistani traders will have the opportunity to export 313 new products to the Chinese markets. Pakistan is benefiting from zero duty exemption on export of 742 products. After the implementation of the second phase, Pakistan will be allowed to export 1047 products.”

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