Pakistan seeks to revise FTA with China

Pakistan seeks to revise FTA with China

ISLAMABAD: Pakistan wants to revise the existing free trade agreement (FTA) with China on the less-than-equal reciprocity principle, Commerce Minister Pervaiz Malik has said.

The move is aimed at overcoming the trade imbalance that exists between the two countries.

“We will demand an early-harvest programme in the existing FTA that will cover 100 items of Pakistan’s export interest,” Mr Malik said.

Negotiation teams briefed the minister about the trade agreements with China and Thailand. The briefing was part of the preparation ahead of the eighth round of negotiation on the second phase of the FTA to be held in Beijing on Sept 14-15.

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