The Ministry of Commerce and Trade Development Authority of Pakistan (TDAP) organized an awareness seminar on the second phase of China Pakistan Free Trade Agreement, on 21st of January, 2020 at a local hotel in Lahore.

The seminar is one of the many from a series of seminars being organized by Ministry of Commerce and TDAP across the country in order to apprise the business community about the trade and export opportunities arising out of the CPFTA-II, which has become operational from 1st January 2020.

The event was graced by Joint Secretary, Ministry of Commerce, Islamabad, Commercial Counselor of People's Republic of China, Member National Tariff Commission, President LCCI and Vice President FPCCI (North).

Dr Muhammad Hamid Ali, Joint Secretary, Ministry of Commerce, Islamabad, welcomed the distinguished guests. Speaking on the occasion, he briefed the audience about the 2nd Phase of CPFTA, which offers an enhanced and deeper market access to Pakistan.

President LCCI, in his remarks, highlighted the significance of China in regional trade and appreciated the opportunities arising out of CPFTA-II. He expressed hope that the FTA will help in the narrowing of trade deficit between Pakistan and China and assured that the industry is willing to collaborate with the Government for making the most of CPFTA-II.-PR