China opens its 90% Market for Pakistan: Chinese Ambassador

China opens its 90% Market for Pakistan: Chinese Ambassador

ISLAMABAD - Advisor to Prime Minister for Commerce Abdul Razak Dawood says a free trade agreement has been signed with China and he will visit China to meet Chinese Trade Minister on 15th of next month.

Addressing a news conference in Islamabad on Friday, he said Chinese non-government organisation will visit Pakistan next month to provide technical expertise in textile sector. He said Chinese companies intend to manufacture textile products in Pakistan.

The Advisor said government's policies for the uplift of economic situation are on right track and economy cannot be strengthened without enhancing exports.

Speaking on the occasion, Chinese Ambassador to Pakistan Yao Jing said China has opened its ninety percent market for Pakistani products.

He said Pakistani fruit, including mangoes, and fishery have been given duty free access in Chinese markets.Chinese Ambassado said Chinese companies are relocating their supply chain. He said with one percent relocation to Pakistan, the country can expect an investment of 600 million dollars.