LAHORE/BEIJING: The second phase of the China-Pakistan Free Trade Agreement (FTA) would be signed during Prime Minister Imran Khan’s forthcoming visit to China, Adviser to Prime Minister on commerce and investment, Abdul Razak Dawood, said.During the second International Textile Exhibition here on Saturday, he told China Economic Net that the second phase of agreement between the two countries would be signed in Beijing this month.When asked about what else China could do to balance China-Pakistan trade and promote Pakistan’s exports to China, Dawood indicated that Pakistan hoped China could provide more support to promote industrialisation and agricultural technology development in Pakistan. “At the end of this month, the best exporters from Pakistan are going with the Prime Minister to Beijing with the idea of connecting with the Chinese business people, inviting them to relocate to Pakistan and allocate resources reasonably. The investment of Chinese enterprises could be the most effective way of cooperation between China and Pakistan under the present international trade environment,” Dawood added. Textile industry accounts for 60 per cent of Pakistan’s total exports, and Pakistan is one of the few countries in the world with a complete textile value chain. The first International Textile Exhibition in Pakistan was held in 2016 and became the first professional exhibition in Pakistan’s history.
04-14-2019, 10:24 PM
Pak-China FTA?s second phase to be signed this month: Razak
العرض الشجري