Pakistan, Mauritius to upgrade PTA to FTA

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ISLAMABAD, April 19 (APP): Pakistan and Mauritius while noting the importance of economy and trade in boosting bilateral ties agreed to upgrade the existing Preferential Trade Agreement (PTA) to a Free Trade Agreement (FTA) at an early date.

A statement from the Foreign Office Tuesday said the decision came at the delegation level meeting between the two sides during the four-day visit of President of Mauritius Ms. Ameenah Gurib-Fakim to Pakistan.

The two countries inked the PTA on July 30, 2007. Pakistan was the first country to have inked the PTA with Mauritius as it has a huge potential for Pakistani products and serves as gateway for the entire African region.