Pakist­an sought duty relief after US withdr­ew conces­sions given to India, TurkeyISLAMABAD: The Trump administration has turned down Pakistan’s demand for duty-free market access to the US for its products, disclosed a prime minister’s aide. Pakistan is eying to take a big share of the US market by taking advantage of the scrapping of duty concessions for the two countries, which are major competitors of Pakistan in the international market. The PM adviser pointed out that the matter had been delayed for years as Pakistan had approached China in 2014 seeking duty-free access for more goods. Now, the Chinese foreign minister and prime minister are ready to approve the package. “China has agreed to provide duty-free market access to 313 Pakistani goods under the FTA-II like the Asean grouping,” he said, adding that Pakistan may be able to enhance exports to China by $1-2 billion because of the duty relief.

Source: The Express Tribune April 17, 2019 03:00 UTC