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The full text of the protocol can be found here in English and here in Chinese. The Amending Protocol, also known as Phase-II of the CPFTA , intends to deepen trade relations between China and Pakistan through increasing liberalization of trade in goods, safeguarding mechanisms for its domestic industry, and facilitating intercountry balance of payments and electronic data exchange.
The full text of the protocol can be found here in English and here in Chinese. The Amending Protocol, also known as Phase-II of the CPFTA , intends to deepen trade relations between China and Pakistan through increasing liberalization of trade in goods, safeguarding mechanisms for its domestic industry, and facilitating intercountry balance of payments and electronic data exchange. Most notably, the Protocol introduces a new tariff elimination schedule to widen mutual market access, amends rules of origin and trade remedies provisions, and adds a new chapter on customs cooperation.
This round of revisions to the CPFTA expands and diversifies trade opportunities for business on both sides, while maintaining fair and equitable protection of local industry interests.
The protocol stipulates that the proportion of tariff lines with zero-tariff products between China and Pakistan will gradually increase from 35 percent to 75 percent in a period of 10 years as implemented by China, and 15 years by Pakistan. So far China has agreed to eliminate tariffs on major export items from Pakistan — effective immediately.
This includes frozen meat and seafood, dried fruit, chemicals, plastics, oil seeds, construction material, equipment and machinery, leather, auto parts, home appliances, and machinery, among others. Pakistan has also offered China increased market access on raw materials, intermediate goods, and machinery. In addition to the reduced tariffs, 25 percent of the tariff lines that is, 1, items have been placed on the protected list.
The industries benefiting from the protected list are: textiles and clothing, iron and steel, auto, electrical equipment, agriculture, chemicals, plastics, rubber, paper and paper board, ceramics, glass and glassware, surgical instruments, footwear, leather, wood, articles of stones and plaster, and miscellaneous goods. Finally, revisions were made to the safeguard measures within the CPFTA to strengthen the protection of domestic industries.
Compared to the previous iteration of this chapter, the new wording makes these safeguard measures more readily accessible. For example, under the day protection emergency measure added by the Protocol, domestic producers can now access the safeguard measures to suspend reduced tariffs rates without needing to first prove injury caused by the imported products.
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Known as Phase-II, the Protocol also introduces safeguard measures to protect the domestic industry in the respective markets. Rules of origin and trade remedies have also been updated, among other key provisions. Reduced tariffs, wider market access The protocol stipulates that the proportion of tariff lines with zero-tariff products between China and Pakistan will gradually increase from 35 percent to 75 percent in a period of 10 years as implemented by China, and 15 years by Pakistan.
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Chinese President Hu Jintao and his Pakistani counterpart Pervez Musharraf Friday oversaw the signing of a free trade agreement between the two allies here in Islamabad on 24th November, The document was signed by the Commerce Ministers of both the countries. The architecture of the bilateral Free Trade Agreement includes Trade in Goods and Investments in the first Phase and the leaders of both the countries have decided to negotiate on Trade in Services during to enlarge the coverage of the Free Trade Agreement. The Early Harvest Programme between the two countries which was put into operation on 1st January , has been merged into this bilateral FTA. In the overall package Pakistan will get market access at zero duty on industrial alcohol, cotton fabrics, bed-linen and other home textiles, marble and other tiles, leather articles, sports goods, mangoes, citrus fruit and other fruits and vegetables; iron and steel products and engineering goods. The agreement contains the Articles on Establishment of Free Trade Area, objectives, relation to other agreements, application of this agreement, definitions, scope and coverage, National treatment, tariff elimination, para-tariffs and non-tariff barriers, rules of origin, Trade remedies, safeguard measures, sanitary and phyto-sanitary measures, TBTs, Investment, settlement of disputes, amendments, annexes etc. Phase-I — Tariff Reduction Modality of China within five years after entry into force of this agreement:.
Я лишь хотел спросить, есть ли в городе клубы, где собираются молодые люди - панки. - Клубы. Для панков? - переспросил бармен, странно посмотрев на Беккера. - Да. Есть ли в Севилье такое место, где тусуются панки. - No lo se, senor. He знаю.
- Он поднял беретту. - Ты найдешь терминал Хейла, а я тебя прикрою. Сьюзан была отвратительна даже мысль об. - Разве нельзя дождаться звонка Дэвида о той копии, что была у Танкадо. Стратмор покачал головой. - Чем быстрее мы внесем изменение в программу, тем легче будет все остальное. У нас нет гарантий, что Дэвид найдет вторую копию.
В самом деле спросили про секс с животными. Сьюзан пожала плечами. - Обычная проверка кандидата. - Ну и ну… - Беккер с трудом сдержал улыбку. - И что же ты ответила.
Фонтейн понимал, что сейчас не время для объяснении.
Повисла долгая тишина. Сьюзан словно во сне подошла и села с ним. - Сьюзан, - начал он, - я не был с тобой вполне откровенен. ГЛАВА 73 У Дэвида Беккера было такое ощущение, будто его лицо обдали скипидаром и подожгли. Он катался по полу и сквозь мутную пелену в глазах видел девушку, бегущую к вращающейся двери.
Это пугало Хейла.
После чего вошел в номер и включил свет. Немец не ожидал такого оборота. - Wasmachst… - Помолчите! - Беккер перешел на английский.
Головы повернулись к спутниковому экрану. - Танкадо играет с нами в слова! - сказал Беккер. - Слово элемент имеет несколько значений.
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It laid down the modality for tariff reduction and elimination for tariff lines either the Normal Track or the Sensitive Track.Delmar B. 04.04.2021 at 14:20
PDF | Despite the tremendous economic growth of Pakistan-China economic relations, but the outcomes from Pakistan-China Free Trade.Boasimpkicbass 04.04.2021 at 16:24
Pak-China FTA. The complete text of the Free Trade Agreement. Page 1 of (signed at Islamabad on 24th November, ). Preamble. The Government of.Rebecca C. 11.04.2021 at 09:48
The effects of FTAs are measured by finding the difference between MFN and preferential tariff rates the tariff gap as well as the zero-one binary dummy variable.