Pakistan’s exports to China increased by 31 percent over the past nine months to clock in at $1.951 billion, said Adviser to Prime Minister on Commerce and Investment, Abdul Razak Dawood, in a tweet.
He shared a series of tweets explaining details of the exports in concern. He wrote, “The Second Phase of Pakistan-China FTA (FTA-II) became operational on 1st January 2020. MOC is glad to share that during Jul-Apr 2021 our exports to China have increased by 31 percent to USD 1.951 Billion from USD 1.491 Billion in the corresponding period last year.”
The Second Phase of Pakistan-China FTA (FTA-II) became operational on 1st January 2020. MOC is glad to share that during Jul-Apr 2021 our exports to China have increased by 31% to USD 1.951 Billion from USD 1.491 Billion in corresponding period last year.
— Abdul Razak Dawood (@razak_dawood) May 16, 2021
He added that the exports increased by $459 million during this period. “This shows that our FTA-II is working for which the credit goes to our exporters. I encourage the exporters to aggressively utilize the tariff preferences in FTA-II,” the adviser wrote.
He also commended the efforts of the ministry of commerce’s (MOC) Trade & Investment Officers and concluded his tweets with his statement of urging the said departments and officials to provide even greater facilitation to Pakistan’s exporters and investors.
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