Conference on the impact of the ALECP

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KARACHI: The Trade Development Authority of Pakistan (TDAP) in collaboration with the Center for Chinese Studies, the Institute of Business Administration (IBA) Karachi and the Policy Advisory Board of the Federation of Chambers of Commerce and of Industry (FPCCI) organized a conference on the impact of China. Pakistan Free Trade Agreement (CPFTA) on bilateral trade and investment on Thursday.

Arif Ahmed Khan, CE TDAP presented an overview of the CPFTA, while Nasir Afghan, Director of the China Study Center (IBA) gave a welcome speech at the event.

Irfan Iqbal Sheikh, President of the FPCCI, presented the implementation of the CPFTA and an overview of the bilateral trade between Pakistan and China. Trade associations, research institutes, stakeholders and relevant exporters participated in the conference.

Seven research papers on CPFTA were presented at the conference in which qualitative and quantitative research methodologies were used to explain the use of the trade agreement with China.

An informative consultative session was also part of the conference in which renowned economists Mohammad Younus Dagha, Chairman of the Policy Advisory Council, FPCCI, Samina Khalil, Director, Applied Economics Research Center (AERC), Imtiaz Ahmad, Advisor Economics, Economic Advisor Wing and Shahida Wizarat, Dean College of Economics and Social Development, HOD, IoBM shared their views on the effectiveness of the CPFTA.

The event was summarized by Asmat Nawaz, Joint Secretary of the Ministry of Commerce. TDAP Secretary, Ahsan Ali Mangi, discussed the challenges and opportunities for the two countries to enhance the gains of the CAFTA.

The speakers expressed their great enthusiasm for the strengthening of trade and economic relations between the two countries.

A Memorandum of Understanding (MoU) was also signed between TDAP and FPCCI during the event for research collaboration. Shields and sovereigns were distributed to participants and panelists.

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