China–Pakistan Free Trade Agreement
The China–Pakistan Free Trade Agreement (CPFTA) is a free trade agreement (FTA) between the People's Republic of China and the Islamic Republic of Pakistan that seeks to increase trade and strengthen the partnership between the two countries.
China–Pakistan Free Trade Agreement | |
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Type | Bilateral Free Trade Agreement |
Signatories | 2 (Pakistan and China) |
Negotiations for phase one commence | 24 November 2006 |
Phase one signed | 7 July 2007 |
Phase one concluded | December 2012 |
Negotiations for phase two commence | July 2013 |
Phase two signed | 28 April 2019 |
Phase two ratified | 1 January 2020 |
Phase two intended conclusion | 2024 |
Earlier agreements in the economic and trade relationship include the Preferential Trade Agreement (PTA) in 2003, the Early Harvest Program (EHP) in 2006, and the China-Pakistan Economic Corridor (CPEC) in 2015.
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