Indonesia agrees to give concession on major imports from Pakistan
- By Web Desk -
- Aug 20, 2017
ISLAMABAD: Under Preferential Trade Agreement, Indonesia has agreed to give concession on major imports from Pakistan including rice, textile, ethanol, Kinnow and mangoes.
This was stated by a senior official of the Ministry of Commerce in Islamabad on Sunday, Radio Pakistan reported.
He said the agreement was reached during bilateral negotiation between the Indonesia and Pakistan is under the Preferential Trade Agreement.
The official said both sides discussed 20 tariff lines and Indonesia agreed on concession for 20 different items.
He said the current annual trade volume between the two countries was 170 million dollars, which was expected to increase after renegotiation on Preferential Trade Agreement.