Posted inBeijingChinaPakistanSouth Asia

Pakistan’s duty concessions to China threaten local industry

Pakistan has proposed unprecedented concessions on Chinese imports in the second leg of the China-Pakistan Free Trade Agreement (CPFTA), a move many say will cause immense damage to local industries. The decision, the deal’s many critics say, was taken without consulting key stakeholders and ignoring warnings from the revenue board. Senior Pakistani and Chinese officials […]