These countries include Japan, Indonesia, Vietnam and the Philippines from the Pacific region, the official said. Pakistan and Indonesia have already agreed on concessions on 20 different items during bilateral negotiations for a preferential trade agreement (PTA). “Concession on 20 tariff lines is a major success for Pakistan and now citrus and mango exports to Indonesia are expected to increase,” the official added. Pakistan, Iran, Turkey increase bilateral trade with Qatar following blockadeReplying to a question, he said annual bilateral trade between Pakistan and Indonesia stands at $170 million which was expected to increase significantly. He pointed out that the activation of PTA followed the signing of a mutual recognition agreement on plant quarantine and sanitary and phytosanitary measures between Indonesia and Pakistan.

Source: The Express Tribune December 21, 2017 04:30 UTC