Monday, 25 October 2021 05:34 GMT

Pakistan witnesses stronger trade ties with China


(MENAFN) Experts and officials think that Pakistan is ought to strive to further boost the Pakistan-China trade ties with Pakistan seeing a rise in exports to China.

Abdul Razak Dawood, Advisor to Pakistani Prime Minister for Commerce and Investment, tweeted that Pakistan’s exports to China surged by 34 percent hitting USD2.33 billion in the financial year 2020-2021 (July 1-June 30), against USD1.74 billion in the prior financial year.

According to government officials, leather, textiles, seafood and agricultural produce were amongst the key products exported to China in the cited period.

The Pakistan-China trade volume has demonstrated an increasing track during the years. During the year 2018, the trade volume between both nations was USD16.4 billion, witnessing a rise from USD4.8 billion in 2007, read official figures from the Ministry of Commerce of Pakistan.


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