China-Pakistan Free Trade Agreement Phase-II (CPFTA-II) effective since January 1, last year is now showing results. Pakistan’s exports to China shot up by 64 per cent during January-March 202, Commercial Consular, Pakistan Embassy, Beijing, Badar Uz Zaman said.
He made these remarks while participating in a recently held online brainstorming session with representatives of Pakistani trading community to discuss how to secure a due share in the over $2 trillion import market of China.
The conference had particular significance in the backdrop of the updated China-Pakistan FTA. They stressed the need to robust efforts to take full benefits of the concessions granted by the Iron Brother to Pakistani traders under the CPFTA-II.
The Chinese authorities also offer generous help by training Pakistani traders and workforce to meet the required standards, they said. They also told the traders to appoint local agents for effective marketing and ensure active presence in trade exhibitions held in China.