Pakistan to Sign Free Trade Agreements with Turkey, Korea, Thailand

Written by  Published by:Pakistan Views Wednesday, 17 June 2015 17:35

LAHORE: Commerce Minister, Khurram Dastgir Khan has said Pakistan would soon sign new Free Trade Agreements (FTA) with Turkey, Thailand and Korea. 

He was talking to media after having a meeting with All Pakistan Textile Mills Association (APTMA) in Lahore. He said the FTAs would also help exporting sector including textile to increase their exports.

He said, there should be zero rated tax on textile and other exporting sectors, while there should not be any sort of provincial taxes on these sectors.

Khurram Dastgir said government wants to make Pakistan major exporting country and to double the textile export from thirteen billion to twenty six billion dollars.

Currently Pakistan is enjoying FTA with China, Malaysia and SAARC countries which both the importers/exporters of country benefit from in terms of duties and taxes.

Rating: 5 Read 406 times

Leave a comment

Make sure you enter the (*) required information where indicated. HTML code is not allowed.

Pakistan Views - National & International News Portal (Pakistan Views) stands as a website enlightening the masses with all information related to current affair, entertainment, sports, technology, etc. It has been brought into existence to ensure that voice of Pakistan reaches the masses. Ensuring that a true picture of Pakistan is portrayed in the right manner to the world. The website is to bring forth the real picture of Pakistan negating avenues of Terrorism and Non-State Actor.