Jan 20

FPCCI fears no advantage for Pakistan under Phase-II FTA with China

KARACHI: Federation of Pakistan Chambers of Commerce & Industry (FPCCI) feared that Pakistan would not be able to take advantage of opportunities under Phase II of China Pakistan Free Trade Agreement (CPFTA-II). Mian Anjum Nisar, President FPCCI and Sheikh Sultan Rehman, Vice President FPCCI said in a statement on Monday expressed fear that Pakistan may […]

by Mrs. Anjum Shahnawaz

FBR implements duty exemption/concession under 2nd Phase Pak-China FTA

Jan 1

Pakistan Customs

FBR implements duty exemption/concession under 2nd Phase Pak-China FTA

ISLAMABAD: Federal Board of Revenue (FBR) on Tuesday issued concessionary rates for 6,786 tariff lines for goods imported under Second Phase of Free Trade Agreement (FTA) between Pakistan and China. The notified rates will be effective from January 01, 2020 for next 15 years i.e. December 31, 2034. The FBR issued SRO 1640(I)/2019 to implement […]

by Mrs. Anjum Shahnawaz

FPCCI hopes Pak-China FTA Phase II to be instrumental for bilateral trade

Oct 19

Trade & Industry

FPCCI hopes Pak-China FTA Phase II to be instrumental for bilateral trade

KARACHI: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) hoped that the second phase of China-Pakistan Free Trade Agreement (FTA) will be instrumental in enhancing the bilateral trade to its optimum potential. FPCC president Engr. Daroo Khan Achakzai in a statement on Saturday appreciated the strenuous efforts made by the Prime Minister and his […]

by Mrs. Anjum Shahnawaz

Pakistan, China agree FTA 2nd phase to lead more trade, investment opportunities

Oct 8

National

Pakistan, China agree FTA 2nd phase to lead more trade, investment opportunities

ISLAMABAD: The leaders of Pakistan and China on Tuesday agreed that the implementation of the 2nd phase of China-Pakistan Free Trade Agreement (FTA) would lead to more trade, economic and investment opportunities between the two countries. Other areas of potential collaboration discussed between the two sides included railways, steel, oil and gas, industry and science […]

by Mrs. Anjum Shahnawaz

Pakistan, China agree on duty free access to 313 tariff lines

Apr 29

Finance

Pakistan, China agree on duty free access to 313 tariff lines

ISLAMABAD: Pakistan and China have signed second phase of Free Trade Agreement (FTA) under which both the countries have agreed allowing duty free access to 313 tariff lines. Prime Minister Imran Khan and Chinese Premier Li Keqiang witnessed the signing ceremony at a meeting on the conclusion of the 2nd Belt and Road Forum (BRF) […]

by Faisal Shahnawaz

Second phase of Pak-China FTA signed; two premiers witness signing ceremony

Apr 28

Finance, National

Second phase of Pak-China FTA signed; two premiers witness signing ceremony

ISLAMABAD: The second phase of Pakistan China Free Trade Agreement (FTA) signed on Sunday, which was witnessed by the premiers of both the countries. Prime Minister Imran Khan and Chinese Premier Li Keqiang witnessed the signing ceremony at a meeting on the conclusion of the 2nd Belt and Road Forum (BRF) in Beijing, a statement […]

by Mrs. Anjum Shahnawaz

Pakistan unlikely to get benefit from 2nd phase of China FTA: SITE Association

Apr 26

Trade & Industry

Pakistan unlikely to get benefit from 2nd phase of China FTA: SITE Association

KARACHI: Pakistan may not get benefit from the 2nd phase of Pak China FTA as Chinese imports of $2 trillion are either of raw materials or high-tech equipment. “Pakistan does not have the industrial and technical base to produce high-tech equipment such as computers, ICs, telecommunication equipment & automobiles,” Saud Mahmood, Chairman SITE Taxation and […]

by Faisal Shahnawaz

Second phase of Pak-China FTA not at cost of local industry: FPCCI

Apr 5

Trade & Industry

Second phase of Pak-China FTA not at cost of local industry: FPCCI

KARACHI: Federation of Chambers of Commerce and Industry (FPCCI) has advised the government that the second phase of Pak-China Free Trade Agreement (FTA) should not be at the cost of local industry. FPCCI President Engr. Daroo Khan Achakzai, while chairing session on Pak-China FTA, advised that Pakistan may enter into second phase of FTA with […]

by Faisal Shahnawaz