Beijing: Chinese Ministry of Commerce Vice Minister Wang Shouwen said on 14 Sep that after conclusion and implementation of the second phase of China-Pakistan Free Trade Agreement (CPFTA), Pakistan will be able to expand its exports to China with the help of low tariff rates and attract more Chinese investment in the next five years.

“In the next five years, China will import products worth $8 trillion and once the second phase of our FTA is concluded and implemented, Pakistan will be able to expand its exports to China due to low tariff rates. In addition, Pakistan will also be able to attract more investment from China,” he said. He was speaking at the opening session of the eighth meeting of the second phase of FTA negotiations held at the Chinese Ministry of Commerce.

Recommend to friends