Tag: Tariff

Pakistan and China to implement new trade tariff concessions

Ministry of Commerce has announced that the tariff concessions under Phase-II of the CPFTA will be implemented between the governments of Pakistan and China from 1st January 2020. As per the agreement, the CPFTA-II will immediately eliminate the tariff on 313 tariff lines of Pakistan’s export interest covering  $8.7 billion worth of Pakistan’s global export and $64 billion of Chinese global imports.