RCCI demands more awareness drives for CPFTA-II.

RAWALPINDI -- The Second Phase of China Pakistan Free Trade Agreement (CPFTA-II) was a commendable initiative to strengthen trade liberalization and deepen the all-weather strategic partnership between Pakistan and China.

President Rawalpindi Chamber of Commerce and Industry (RCCI), Saboor Malik said this while addressing a awareness seminar organized by the Trade Development Authority of Pakistan (TDAP).

Saboor said Pakistan can increase its export by 1 billion dollars in short term while the export of these items was likely to touch 4-5 billion dollars in the medium term after setting up new industries in the Special Economic Zones being constructed in Pakistan under China-Pakistan Economic Corridor (CPEC).

He informed that China had eliminated tariffs on 313 products, which was a huge step and great opportunity for the business community of Pakistan.

Tariff lines includes textile, garments, seafood, animal products...