Pakistan Textiles Gained Priority In Indonesian Market Access

< p > > a href= "//www.sjfzxm.com/news/index_p.asp" > Indonesian < /a > and Pakistan preferential trade agreement (IP-PTA) came into force on September 1, 2013. Pakistan textiles, including cotton yarn, cotton fabric and garments, a href= "//www.sjfzxm.com/news/ index_f.asp" > clothing "/a", will get priority entry in Indonesia market.

< /p >

< p > Pakistan Ministry of Commerce said in a statement that IP-PTA was signed in February 2012 to ensure that Pakistan products have greater market access in the Indonesian market.

< /p >

The two countries agreed to sign a free trade agreement after the signing of phytosanitary and SPS measures mutual recognition agreement (MRA). At the same time, Indonesia recognized Pakistan as an endemic area of citrus. P

< /p >

< p > according to IP-PTA, Indonesia will grant 216 kinds of market access to preferential tax rates in Pakistan, including cotton yarn, cotton fabric, clothing, clothing and sporting goods.

< /p >

< p > on the other hand, a total of 287 Indonesian products will receive preferential tariffs less than a href= "//www.sjfzxm.com/news/index_p.asp" > Pakistan < /a >.

< /p >

< p > PTA will also help to strengthen trade links between Pakistan and other economies in ASEAN and help Pakistan diversify its export market.

< /p >

< p > PTA is regarded as the precursor of the final and comprehensive bilateral free trade agreement (FTA) between the two countries.

< /p >