ISLAMABAD: Pakistan’s Ministry of Commerce hosted another round of consultations with local industry representatives on the China-Pakistan Free Trade Agreement (CPFTA) on Tuesday.
The ministry said in a statement that to finalize its offer lists before Phase II of CPFTA it held several sessions of consultations with representatives of small, medium and large industries.
“Such consultations have been held regularly before each round of bilateral negotiations on CPFTA,” the statement said.
The consultative meetings were attended by the Federation of Pakistan Chambers of Commerce & Industry and associations such as the Pakistan Chemicals Manufacturers Association, the Pakistan Pharmaceutical Manufacturers Association and the Pakistan Steel Melters Association.
“While generally agreeing with the offer framed by the Ministry of Commerce based on past consultations, the associations gave some additional recommendations for their respective sectors, which were accommodated,” the statement read.
It said that the industry was appreciative of the efforts of the ministry in trying to address their concerns in Phase II of CPFTA and making the process transparent.
“For its part, the Ministry of Commerce is grateful to the industry for its cooperation and invaluable support for the endeavors toward making the CPFTA mutually beneficial,” the statement read.
The ministry said in a statement that to finalize its offer lists before Phase II of CPFTA it held several sessions of consultations with representatives of small, medium and large industries.
“Such consultations have been held regularly before each round of bilateral negotiations on CPFTA,” the statement said.
The consultative meetings were attended by the Federation of Pakistan Chambers of Commerce & Industry and associations such as the Pakistan Chemicals Manufacturers Association, the Pakistan Pharmaceutical Manufacturers Association and the Pakistan Steel Melters Association.
“While generally agreeing with the offer framed by the Ministry of Commerce based on past consultations, the associations gave some additional recommendations for their respective sectors, which were accommodated,” the statement read.
It said that the industry was appreciative of the efforts of the ministry in trying to address their concerns in Phase II of CPFTA and making the process transparent.
“For its part, the Ministry of Commerce is grateful to the industry for its cooperation and invaluable support for the endeavors toward making the CPFTA mutually beneficial,” the statement read.
