Sporting Goods Will Enter India First With The Entry Into Force Of The India Pakistan Preferential Trade Agreement.

< p > recently, the preferential trade agreement (IP-PTA) between Pakistan and Indonesia will take effect.

In the future, Pakistan's production of < a href= "http://www.91se91.com/news/index_c.asp" > garments, garments, /a, sports goods, cotton fabrics and other textiles will receive priority entry in the Indonesian market.

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< 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.

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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

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< p > according to IP-PTA, Indonesia will grant 216 market access to preferential tax rates in Pakistan, including < a href= "http://www.91se91.com/news/index_c.asp" > cotton yarn < /a > cotton cloth a href= "http://www.91se91.com/news/index_c.asp" > fabric > /a > clothing and clothing, sporting goods.

On the other hand, a total of 287 Indonesian products will receive preferential tariffs in Pakistan.

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

PTA is seen as a precursor to the eventual comprehensive bilateral free trade agreement (FTA) between the two countries.

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