LAHORE: Adviser to PM Abdul Razak Dawood on Tuesday said the second phase of China-Pakistan Free Trade Agreement (CPFTA) will become operational from Dec 1.
He said once the agreement is in effect, Pakistan will be at par with the Association of South East Asian Nations in the Chinese market and provide a huge opportunity of tariff relaxation to the manufacturers especially the garment sector to enhance their exports by 20 times.
Addressing the inaugural ceremony of the 35th International Apparel Federation Pakistan Readymade Garment Manufacturers Association World Fashion Convention, he pointed out that garment exports are on upward trajectory due to additional market access secured by the current government.
Published in Dawn, November 13th, 2019
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