Beijing and Islamabad have agreed to enter into China-Pakistan Free Trade Agreement-II (CPFTA-II), which will be finalised during the four-day visit of Prime Minister Imran Khan to China.
It is quite likely that China will help Pakistan increase its export share in the bilateral trade between the two countries. The second phase of China-Pakistan Free Trade Agreement (CPFTA) is said to have placed certain safeguards for the local industry. The PTI government must ensure that no harm is caused to our local industry as the country has been witnessing de-industrialisation for quite sometime.
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