Pakistan and China Are Expecting to Ink FTA-II During PM’s Visit to China

It is said that the upcoming visit of the Prime Minister Imran Khan to China for the Belt and Road forum will result in the formal signing the Free-Trade-Agreement (FTA)- II between China Pakistan. According to the Prime Minister’s Adviser on Commerce and Textile, Abdul Razzaq Dawood, this agreement will make Pakistan’s exports to China double. However, the details of the agreement will be finalized by the finance commerce secretaries during their visit to China. The FTA-II will boost the country’s exports to China to $2.4 billion which are $1.2 billion right now.

Prime Minister Imran Khan is set to leave on the April 27th for Beijing for three days. There, he will attend the second OBOR (One Belt One Road) Forum for International Corporations. In addition, the much-awaited trade agreement is most probably set to be signed in these days.

According to Prime Minister’s Adviser on Commerce and Textile, Abdul Razzaq Dawood:

“Finance Secretary Younas Dagha and Commerce Secretary Sardar Ahmad Nawaz Sukhera will go off to China on April 9 wherein they will hold talks with top Chinese officials on the initial FTA-II accord. However, on the sidelines of the OBOR Forum that will be attended by heads of states and delegates from over 100 countries, both the countries will ink the free trade accord-II in the presence of Prime Minister Imran Khan and Chinese President Xi Jinping.”

No doubt, Free Trade-Agreement (FTA)- II will bring prosperity to Pakistan by boosting the economy vigorously.

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