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July 24, 2003 Thursday Jumadi-ul-Awwal 23, 1424





Export to China crosses $590m


BEIJING, July 23: Pakistan’s export to China crossed $590 million during the outgoing fiscal — the highest one since the two countries started bilateral trade.

Chinese custom authority’s sources told APP here on Wednesday that there had been upward trend in Pakistan’s export to China during the financial year 2002-03.

This was in spite of Sars epidemic, which severally affected the overall Chinese foreign trade in recent months.

During the correspondent period of July-June 2001-02, the country’s export to China was $544 million. There was a considerable increase in exports of cotton yarn, leather and seafood. The increase in seafood items was almost double as compared to the last year.

A nominal growth was also registered in export of bedwear, knitwear and made-up textile items.—Reuters






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