Related Keywords: China willing for 10 percent only, exclusion of twenty20 percent of total products from the concession, outcome not satisfactory ti Pakistan, Pakistan's major exports to China are cotton yarn / fabric, reference to protecting its own industry, Second Phase of China-Pakistan FTA
The second phase of China-Pakistan Free Trade Agreement (CPFTA) negotiation round was recently held in Beijing between Pakistan and China but the outcome was not satisfactory to Pakistan especially with reference to protecting its own industry.
Pakistan and China have reportedly failed to finalize the second phase of Free Trade Agreement (FTA) due to differences on exclusion of a specific percentage of products from the list of items which will enjoy concessions; this was revealed by well informed sources.
