Economy / China
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Sino-Pakistan FTA signed
November 2006 | Ratings UpdateSorry, you must be a subscriber to view this article in full. If you are a subscriber please login.
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China signed a free trade agreement (FTA) with Pakistan on November 24 during a visit by President Hu Jintao. The meeting - the first time a Chinese President has visited Pakistan in a decade - marked the 55th anniversary of diplomatic relations between the two countries, which have been remarkable stable over the years. The two sides signed 18 agreements, including the FTA which, they hope, will boost trade from the US$4.26bn recorded in 2005 to as much as US$15bn within five years. Separately, Chinese companies signed 13 bilateral deals, worth