Duties, taxes on import of goods from China would be review­edISLAMABAD: In order to improve Pakistan-China trade relations, amendments to the FTA will be finalised in mid-February dialogue between the two sides. It is expected that in early March, both the countries will sign an amended FTA. According to sources, Pakistan has prepared a draft document for amendments to the FTA, which has been shared with Chinese officials. They said according to the draft, duties and taxes on the import of goods from China, which were made locally in Pakistan as well, would be reviewed. Pakistan’s annual trade deficit with China has gone above $12 billion.

Source: The Express Tribune January 31, 2019 03:25 UTC