Categories: Business

Second phase of FTA: Pakistan, China to sign accord on April 28

F.P. Report

BEIJING: Pakistan and China will sign the second phase of Free Trade Agreement on this Sunday in Beijing.

According to details, under the FTA, China has extended duty free access to Pakistan on three hundred and thirteen items. The agreement will help increase the exports of the country, besides increasing foreign exchange.

Earlier today, Prime Minister Imran Khan made five suggestions for progress in his address to the second Belt and Road Forum in Beijing.

The premier said we must undertake joint efforts to mitigate the adverse impact of climate change, establish BRI tourism corridors to promote people to people and inter cultural understanding, anti-corruption office, poverty alleviation fund and concerted efforts to further liberalize trade and investment flows encouraging the private sector and businesses to collaborate in projects.

Imran Khan said Pakistan-China friendship is invincible in every challenge and both countries are cooperating with each other in various sectors.

The Frontier Post

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