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Ukuthunyelwa ngaphandle ePakistan kunokukhutshelwa iSatifikethi seMvelaphi phantsi kweFTA

Ixesha: 2021-11-04 Indawo: 129

China has accelerated the pace of expanding its "circle of friends" in the FTA.

So far, we have concluded 19 FTAs and signed them with 26 countries and regions, with FTA partners in Asia, Europe, Latin America, Oceania and Africa.

In addition, there is the latest good news that certificates of origin under FTAs can now be issued for exports to Pakistan from 10 November.

By applying for a China-Pakistan FTA Certificate of Origin, products exported to Pakistan can enjoy varying degrees of tariff reductions on the Pakistani side upon import.

Zero tariff has been implemented on the Pakistani side for 45% of the tariff lines.

Zero tariff on 30% of tariff lines will be phased in over the next 5 to 13 years.

A partial tariff reduction of 20% on 5% of the tariff lines will be achieved on 1 January 2022.


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