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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]
China and Pakistan already conduct trade via the Karakoram Highway. The CPEC projects involve reconstruction and upgrades to National Highway 35 (N-35), which forms the Pakistani section of the Karakoram Highway (KKH). The KKH spans the 887 kilometers between the China-Pakistan border and the town of Burhan, near Hasan Abdal.
Pakistan has been one of China's major trade partners. [71] According to China's custom statistics the bilateral trade volume for the calendar year 2017 crossed the US$20 billion mark for the first time. In 2017 China's exports to Pakistan grew by 5.9% to reach $18.25 billion whereas Pakistan's exports to China fell by 4.1% to $1.83 billion ...
Free Trade Agreement [4] 11 November 2017 Upgraded Protocol Pakistan: 24 November 2006 7 July 2007 Free Trade Agreement [5] 28 April 2019 1 January 2020 Upgraded Protocol New Zealand: 7 April 2008 1 October 2008 Free Trade Agreement [6] 26 January 2021 Upgraded Protocol Singapore: 23 October 2008 1 January 2009 Free Trade Agreement [7] 12 ...
The third meeting of Pakistan-China JCM was held on 21 June 2024 in Islamabad. [6] [7] The meeting was co-chaired by Senator Ishaq Dar, the Foreign Minister, and Liu Jianchao, the head of the International Department of the Chinese Communist Party. Delegates from all the prominent political parties in Pakistan were present at the meeting. [2]
in his 2019 visit to China, President Erdogan reaffirmed his high support for the development of the BRI and asked to increase trade volume, referring to the fact that the volume of trade between the two countries reached $50 billion in the first phase, and in the second phase $100 billion in other goals.
Kat Dennings is reminiscing about her time as a “Hot Child in the City” — and the perks that came with it. The 2 Broke Girls star joined the hosts of The View on Tuesday, Jan. 7, to talk ...
Pakistan has bilateral and multilateral trade agreements with many nations and international organizations. It is a member of the World Trade Organization, part of the South Asian Free Trade Area agreement and the China–Pakistan Free Trade Agreement. Fluctuating world demand for its exports, domestic political uncertainty, and the impact of ...