Ambass­ador Yao says China will provid­e 95% market access to Pakist­ani produc­ts at zero dutyFAISALABAD: Prime Minister Imran Khan will visit China in the last week of current month to sign the second phase of a free trade agreement (FTA) between Pakistan and China, revealed Chinese Ambassador to Pakistan Yao Jing. The envoy said the FTA would help remove the imbalance in bilateral trade between the two countries. Regarding cooperation in the industrial sector, the Chinese ambassador said Chinese companies had reservations about the taxation policy of Pakistan. However, these companies will be convinced and provided incentives for investment in the industrial sector of Pakistan in order to enhance its production capacity. He stressed the need for launching joint ventures with the Chinese, which would help Pakistan to promote environment-friendly and green industries in Faisalabad.

Source: The Express Tribune April 10, 2019 03:33 UTC