CPFTA to multiply Pak-China trade volume, says envoy

Pakistan ambassador to China Naghmana Hashmi has said that the successful conclusion of the second phase of China-Pakistan Free Trade Agreement (CPFTA) has opened a new channel for multiplying our trade volumes.

Talking to China Today, the envoy said with Chinese assistance, Pakistan is working on a wide array of projects for socio-economic uplift for the people.

“We also plan to deepen practical cooperation in agriculture, forestry, poverty alleviation, tourism, governance, and financial discipline. We are devising policies to attract Chinese entrepreneurs to invest in Pakistan for robust, inclusive, and sustainable growth,” she informed.

Hashmi said that despite Covid-19 the relevant departments of our two countries have maintained close coordination to ensure that our bilateral cooperation is not affected.

The envoy added that owing to bilateral cooperation, Pakistan has succeeded in laying a robust and solid infrastructure network to support its growing economy and overcome festering energy shortages, which had stifled our growth. “Both countries now look forward to building upon these gains and extending this cooperation to other unexplored territories.”