PAKISTAN AND CHINA ALL SET TO SIGN FTA PHASE II

A RENEWED free trade agreement (FTA) looks set to be signed between Pakistan and China giving a boost to the textile industry. Officials from the two countries met in Beijing last month (Feb) for the ninth round in a series of protracted talks aimed at streamlining the original FTA which came into force in 2006. Since the signing of the original FTA on 24th November 2006, Pakistani exporters have been raising concerns with the government claiming they have been short changed by the deal. They claim the FTA favoured the Chinese – a view borne out by the ...


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