Pakistan gives shock to China, imposes 10% duty on Chinese petroleum imports: Report

01:10:00 PM, Sunday 5th of June 2022 | in politics

Pakistan has imposed a 10 per cent regulatory duty on the import of petroleum products from China, according to media reports. This comes after a massive 673 per cent surge in duty-free imports to Pakistani rupees 250 billion this year with a revenue loss of PKR 25 billion under the garb of the China-Pakistan Free Trade Agreement (CPFTA).