Trade Agreement: Treaty with Indonesia to come into force soon

The minister assures that Indonesia will provide every possible facility to Pakistani importers.

ISLAMABAD:

Indonesian Minister of Trade Gita Wirjawan said on Thursday that the Preferential Trade Agreement (PTA) signed with Pakistan earlier this year will become operational within two weeks’ time.

He said the implementation of the PTA signed on February 4, 2012, will provide a level playing field to all exporters of edible oil having interests in the lucrative Pakistani market.

Wirjawan was talking to a group of edible oil importers, led by Atif Ikram Sheikh, senior vice president of the Pakistan Vanaspati Manufacturers Association.

The minister assured that Indonesia will provide every possible facility to Pakistani importers. At the occasion, Atif Ikram Sheikh said that Indonesian imports will not only help importers save money, but will also push manufacturers to clip prices, which will benefit consumers.

Published in The Express Tribune, November 23^rd, 2012.