Pakistan seeks unilateral market concession from China
ISLAMABAD: Pakistan has sought unilateral market concessions from China on cotton yarn, rice, nuts, plastic waste, leather, nuts edible fresh or dried, trousers, frozen fish and crabs on immediate basis before embarking on the second phase of China Pakistan Free Trade Agreement (CPFTA).
Pakistan’s imports from China increased from 18% to 28% of its global imports. Pakistan’s imports from China are 36% of Pakistan’s non-oil imports while China’s imports from Pakistan are 0.1% of the country’s global imports. Pakistan’s imports from China are greater than 50% of global imports in 44% tariff lines.
China’s exports to Pakistan increased from $4 billion in 2006-07 to $14.56 billion in 2016-17. Pakistan’s exports increased from $0.5 billion to $1.47 billion during the same period. The maximum decline is registered in textiles led by cotton yarn which contributed 59% of decline in total exports. In agriculture sector, oil-cake has registered the maximum decrease and contributed 9% of decline in total exports.
If RAW kills Chinese nationals in Pakistan then Pak China should go for such joint venture on Indian soil
KARACHI : One Chinese national was shot dead and another wounded in a targeted attack at Zamazama locality of the Karachi here on Monday evening. One passerby also injured in the attack, which DIG South Azad Khan says, seems to be targeted one.
Intelligence reports have earlier suggested that RAW has been active to sabotage CPEC and target Chinese nationals. Today Incidence was a testimony to the report.
However if this trend starts by India then Pakistan China should warn India and if left with no other option then to go for such joint venture inside Indian soil to target foreign nationals to teach them a lesson.
CPEC is a project that has to be protected at all costs otherwise such kind of activities would be increased in future. India has openly opposed CPEC and it is an open secret that RAW is active with a special cell against the CPEC.
In today's incident Assailants riding in a while car opened fire on the Chinese nationals as a result of which one Chen Zu died whereas Ye Fan, another Chinese national and a passerby wounded, SP Clifton Tauqeer Naeem said.
“I have Visited Jinnah Hospital to ensure the medical treatment of injured in firing incident in defence area. I also have given instructions to arrest the culprits involved in killing of a Chinese national,” said home minister Sohail Anwar Siyal.
“It’s initial stage and commenting at this stage is not right thing. “There were no particular security threats to the Chinese nationals. They were provided security but they didn’t avail,” said Siyal, while talking to media at Jinnah Hospital.
ISLAMABAD: Pakistan has sought unilateral market concessions from China on cotton yarn, rice, nuts, plastic waste, leather, nuts edible fresh or dried, trousers, frozen fish and crabs on immediate basis before embarking on the second phase of China Pakistan Free Trade Agreement (CPFTA).
Pakistan’s imports from China increased from 18% to 28% of its global imports. Pakistan’s imports from China are 36% of Pakistan’s non-oil imports while China’s imports from Pakistan are 0.1% of the country’s global imports. Pakistan’s imports from China are greater than 50% of global imports in 44% tariff lines.
China’s exports to Pakistan increased from $4 billion in 2006-07 to $14.56 billion in 2016-17. Pakistan’s exports increased from $0.5 billion to $1.47 billion during the same period. The maximum decline is registered in textiles led by cotton yarn which contributed 59% of decline in total exports. In agriculture sector, oil-cake has registered the maximum decrease and contributed 9% of decline in total exports.
If RAW kills Chinese nationals in Pakistan then Pak China should go for such joint venture on Indian soil
KARACHI : One Chinese national was shot dead and another wounded in a targeted attack at Zamazama locality of the Karachi here on Monday evening. One passerby also injured in the attack, which DIG South Azad Khan says, seems to be targeted one.
Intelligence reports have earlier suggested that RAW has been active to sabotage CPEC and target Chinese nationals. Today Incidence was a testimony to the report.
However if this trend starts by India then Pakistan China should warn India and if left with no other option then to go for such joint venture inside Indian soil to target foreign nationals to teach them a lesson.
CPEC is a project that has to be protected at all costs otherwise such kind of activities would be increased in future. India has openly opposed CPEC and it is an open secret that RAW is active with a special cell against the CPEC.
In today's incident Assailants riding in a while car opened fire on the Chinese nationals as a result of which one Chen Zu died whereas Ye Fan, another Chinese national and a passerby wounded, SP Clifton Tauqeer Naeem said.
“I have Visited Jinnah Hospital to ensure the medical treatment of injured in firing incident in defence area. I also have given instructions to arrest the culprits involved in killing of a Chinese national,” said home minister Sohail Anwar Siyal.
“It’s initial stage and commenting at this stage is not right thing. “There were no particular security threats to the Chinese nationals. They were provided security but they didn’t avail,” said Siyal, while talking to media at Jinnah Hospital.