ISLAMABAD: Advisor to Prime Minister on Finance and Revenue, Dr Abdul Hafeez Shaikh said Sunday that the World Trade Organisation’s (WTO) Trade Facilitation Agreement (TFA) implementation level of Pakistan reached 79 per cent in November 2020 from 34pc in June 2018.
In a tweet, the advisor said that it was greater than India, Bangladesh and an average of all WTO countries.
World Trade Organisation’s
TFA implementation level of Pakistan reached 79% in Nov 2020 from 34% in June 2018. It is greater than India, Bangladesh & average of all WTO countries.
This facilitation is adding value to Pakistan’s economy & creating new jobs.https://t.co/PDnkArRouP— Dr. Abdul Hafeez Shaikh (@a_hafeezshaikh) November 22, 2020
“World Trade Organization’s TFA implementation level of Pakistan reached 79% in Nov 2020 from 34% in June 2018. It is greater than India, Bangladesh & average of all WTO countries. This facilitation is adding value to Pakistan’s economy & creating new jobs,” he tweeted.
According to WTO, the country’s rank on trading across border index jumped by 28 places.
The rising trend was mainly due to considerably improved implementation of several measures under the TFA contributing to ease of doing business.
