Sino-Pak FTA Phase -II Provide Positive Impact On Pakistan's Exports: Razak Dawood
Sumaira FH 1 month ago Sun 16th May 2021 | 08:00 PM
ISLAMABAD, (UrduPoint / Pakistan Point News - 16th May, 2021 ) :Adviser to the Prime Minister for Commerce and Investment Abdul Razak Dawood on Sunday said the Pakistan-China Free Trade Agreement (FTA-II) have had a very positive impact on Pakistan's exports in all potential sectors.
The Ministry of Commerce is glad to share that during July-April 2021 our exports to China have increased by 31 percent to $1.951 billion from $ 1.491 billion in corresponding period last year, he said.
The Adviser said this shows that our FTA-II is working for which the credit goes to our exporters.
"I encourage the exporters to aggressively utilise the tariff preferences in FTA-II, he said.
"I also commend the efforts of MOC's Trade and Investment Officers in China and urge them to provide even greater facilitation to our exporters and Investors" he said.
The new facility particularly benefited the agriculture, leather, confectionery items and biscuits product sectors.