Pak-Iran FTA talks from July 10

ISLAMABAD: The second round of negotiations between Pakistan and Iran on free trade agreement (FTA) will be held from July 10 to 12 to discuss ways and means for enhancing bilateral trade.

Reviewing mutual trade list and FTAs text will be on the agenda of the talks for finalising the agreement, a senior official of the ministry of commerce said on Wednesday. Talking to APP, he said Iranian delegation would reach Islamabad on July 10 for negotiations on FTA between the two countries.

“We are looking forward for talks to enhance bilateral trade and exports to Iran,” he added. Regarding FTA with China, the official said its second phase is also due. However, Pakistan is desirous to have duty relaxation on 50 products before its launch, he added. “We want unilateral relaxation on 50 products for a few years before signing the Phase-II of the FTA,” the official added.