Pakistan holding negotiations with Turkey, Thailand, Iran to work out FTA
The government is focusing on modernizing trade mechanism to facilitate international and domestic trade and enhance export.
This was stated by senior official of Ministry of Commerce while talking to APP in Islamabad.
The official said we are working to search new trade avenues and markets in different regions of the world to get access to these markets for promotion of the country's trade.
He said the government is committed to diversification on internal trade for enhancing supply chains to enhance country's exports.
The official said Free Trade Agreements with Turkey, Thailand and Iran are under negotiation phase and agreement would be finalized in this connection in coming months.
The official said that priority of the government would be to initiate the FTAs on same pattern with Latin American countries for promotion of free trade.
He said Argentina, Brazil, Colombia and Cuba have huge import potential for promoting trade from Pakistan.