ISLAMABAD- Pakistan’s exports to China increased by 31 percent over thepast nine months to clock in at $1.951 billion, said Adviser to PrimeMinister on Commerce and Investment, Abdul Razak Dawood, in a tweet.
He shared a series of tweets explaining details of the exports in concern.He wrote, “The Second Phase of Pakistan-China FTA (FTA-II) becameoperational on 1st January 2020. MOC is glad to share that during Jul-Apr2021 our exports to China have increased by 31 percent to USD 1.951 Billionfrom USD 1.491 Billion in the corresponding period last year.”
He added that the exports increased by $459 million during this period.“This shows that our FTA-II is working for which the credit goes to ourexporters. I encourage the exporters to aggressively utilize the tariffpreferences in FTA-II,” the adviser wrote.
He also commended the efforts of the ministry of commerce’s (MOC) Trade &Investment Officers and concluded his tweets with his statement of urgingthe said departments and officials to provide even greater facilitation toPakistan’s exporters and investors.