Pak exports to China to increase considerably after execution of CPFTA-II: PM’s Advisor

News Image

By MG News | November 07, 2019 at 02:16 PM GMT+05:00

0:00

November 7, 2019: Adviser to Prime Minister on Commerce, Industries, Textile and Investment on Thursday said that Pakistani exports to China would increase considerably after the implementation of second phase of China Pakistan Free Trade Agreement (CPFTA) by December 1, 2019.

During interview with China Economic Net, he said that China International Import Expo (CIIE) Shanghai provides good opportunity to Pakistani exporters to showcase their products in second largest import market of China.

Prime Minister’s adviser on Commerce, along with commerce ministers of various countries attended the inauguration ceremony of China International Import Expo (CIIE) Shanghai on November 06, inaugurated by President Xi Jinping, says a press release issued by Ministry of Commerce here. 

Adviser also met with Suzhou Water Purification Equipment Company that is working with Nestle and Pepsi and is one of renowned water desalination plants manufacturer, Anhui Easy Business Digital Technology Company that provides E-government, E-ports and digitalisation services to Chinese Ministry of Commerce and General Administration of China Customs, Northern Heavy Industries Group, the largest equipment supplier to cement, steel and mining.

Around 63 countries registered for the exhibition and over 3,000 businesses from more than 150 countries are attending the China International Import Expo. 

This year’s expo includes two key categories i.e. country pavilions and business stalls. 35 exporters from Pakistan have displayed their products in the Expo.

The total covered area of exhibition halls is more than 300,000 square meters and more than 150 countries are participating.

APP

Related News

Name Price/Vol %Chg/NChg
KSE100 133,782.35
325.41M
0.91%
1205.36
ALLSHR 83,615.82
936.83M
0.76%
632.14
KSE30 40,681.77
65.04M
0.80%
322.98
KMI30 191,640.88
61.43M
0.48%
913.56
KMIALLSHR 55,891.51
404.27M
0.35%
193.03
BKTi 36,988.68
20.04M
2.06%
746.62
OGTi 28,181.50
5.50M
-0.50%
-141.92
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 111,460.00 112,170.00
111,395.00
-785.00
-0.70%
BRENT CRUDE 69.96 70.42
69.82
-0.23
-0.33%
RICHARDS BAY COAL MONTHLY 97.50 0.00
0.00
1.45
1.51%
ROTTERDAM COAL MONTHLY 110.00 110.00
110.00
2.25
2.09%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 68.07 68.57
67.91
-0.31
-0.45%
SUGAR #11 WORLD 16.36 16.56
16.28
-0.20
-1.21%

Chart of the Day


Latest News

Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg