ISLAMABAD (Online):  Deadlock has begun between Pakistan, China Free Trade Agreement (FTA). Pakistan has informed China about its reservations; however, China is not ready to resolve it which can harm Pakistani economy.

Sources told that FTA was signed with China hastily and negotiation process was started in November last year however after this neither China is ready to sign the agreement with Pakistan nor it is resolving the reservations. 

FTA is affecting Pakistan’s manufacturing especially the industries of shoes and toys.

Chinese products of too low cost arrived in our markets and China began to export raw material from Pakistan due to which our manufacturing failed to move towards value edition.