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1 January 2020. Phase two intended conclusion. 2024. The China–Pakistan Free Trade Agreement (CPFTA) is a free trade agreement (FTA) between the People's Republic of China and the Islamic Republic of Pakistan that seeks to increase trade and strengthen the partnership between the two countries. [1] [2]
The trade deficit for the fiscal year 2013/14 is $7.743 billion, exports are $10.367 billion in July–November 2013 and imports are $18.110 billion. Pakistan's exports continue to be dominated by manpower export in the subcontinent, cotton textiles and apparel. Imports include petroleum and petroleum products, chemicals, fertilizer, capital ...
China and Pakistan already conduct trade via the Karakoram Highway. The CPEC projects call for reconstruction and upgrade works on National Highway 35 (N-35), which forms the Pakistani portion of the Karakoram Highway (KKH). The KKH spans the 887-kilometer long distance between the China-Pakistan border and the town of Burhan, near Hasan Abdal.
2003 – Pakistan and China signed a $110 million contract for the construction of a housing project on Multan Road in Lahore. 2006 – China and Pakistan sign a free trade agreement. 2007 – The Sino-Pakistani joint-ventured multirole fighter aircraft – the JF-17 Thunder (FC-1 Fierce Dragon) is formally rolled out.
Country Imports (millions of $) . Year United States 3,375,948 2022 European Union 2,743,745: 2022 China 2,715,999 2022 Germany 1,571,057 2022 Japan 905,099 2022 France
List of exports 2014. The following is the list of top twenty export product categories. Data is for 2014, in millions of United States dollars, as reported by Department of Commerce, Government of India . Mineral fuels, Mineral oil S AND PRODUCTS OF THEIR DISTILLATION; BITUMINOUS SUBSTANCES; MINERAL WAXES.
Import duty. Custom duties are levied according to the rates given in the First Schedule, which includes: Goods imported to Pakistan. Goods purchased in bond from one custom station to another. Goods brought from a foreign country to any customs station that are trans-shipped or transported without the payment of duty to another customs station.
Gwadar Port is situated on the shores of the Arabian Sea in the city of Gwadar, located in the Pakistani province of Balochistan. The port is located 533 km from Pakistan's largest city, Karachi, and is approximately 120 km from the Iranian border. It is located 380 km (240 mi) away from Oman, and near key oil shipping lanes from the Persian Gulf.