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Pakistan-China sign memorandum on free trade.

ISLAMABAD, April 6 Kyodo

Pakistan and China have signed a memorandum of understanding envisaging free trade by elimination of tariffs on bilateral trade in two years, state-owned Pakistan Television reported Wednesday.

Chinese Premier Wen Jiabao and Pakistani Prime Minister Shakat Aziz witnessed the signing by Commerce Minister Humayun Akhtar and Bo Xilai, his Chinese counterpart

The report said that after talks between Wen and Aziz, 22 agreements seeking cooperation in fields such as information technology, industry and agriculture, defense and strategy were signed Tuesday night.

It quoted Wen as saying the two countries have already decided the feasibility of free trade and that tariffs between the two countries could be eliminated in two years.
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Publication:Asian Economic News
Date:Apr 11, 2005
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