Eight round of FTA talks between Pakistan, Thailand to be held from Aug 21-23rd

Islamabad: The eighth round of talks between Pakistan and Thailand will be held here from August 21 to 23 in an attempt to reach a final decision on formalizing a Free Trade Agreement (FTA).

Both sides have exchanged offer lists of products to be included in the agreement including automobile and textile products, a senior official of the Ministry of Commerce said. Talks, he said, are now being held to thrash out the agreement’s text, tariff reduction modalities and request and offer lists from both sides.

The FTA would be signed on September 25, the official informed, adding Thailand had comparative advantage in around 1,000 commodities and Pakistan in 684 products.

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