Pakistan and China held talks to assess the performance of the PCFTA and to put forward the changes required in the agreement. Pakistan emphasized the importance to widen its export-base in China by encouraging exports from all the sectors which falls under FTA and sought to enhance facilities and concessions on high value-added products. It also expressed its concern over the dilution of margin of preference due to China’s FTAs with other countries especially the ASEAN countries. Trade volume due to agreement between the two states was US $ 13 billion in 2013, while is expected to reach US $ 15 billion by 2015.
