Pakistan and China sign key MoUs under Free Trade Agreement

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PM Imran Khan visit to China is now completed. However, under the Free Trade Agreement, 11 MoUs are signed.

MoUs signed under the Free Trade Agreement are related to the trade, business, transportation, and other sectors.

The understandings and MoUs go under the second phase of the Pak-China Free Trade Agreement (FTA), following which Pakistan will likewise get obligation free access to Chinese markets.

Abdul Razzak additionally educated that a number regarding financial specialists were anxious to put resources into Pakistan. Notwithstanding synthetic compounds, railroads, farming, and IT the two nations concurred on expanded participation in the Film and TV industry also.

  • China-Pakistan Economic and Technical Cooperation Agreement.
  • Cooperation in Marine Sciences between the Ministry of Science and Technology and China Geological Survey (CGS), Ministry of Natural Resources of China and the Institute of Oceanography.
  • Establishment of Havelian dry port under CPEC
  • MoU between CIDCA and Ministry of Planning, Development, and Reform on Implementation of the Projects under JWG of CPEC.
  • Rashakai SEZ Joint Venture.
  • The license agreement between KPEZMDC and CRBC.
  • Upgradation of Karachi-Lahore Peshawar (ML-1) railway track.

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