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Pakistan gets a good news from Indonesia on economic front

Pakistan gets a good news from Indonesia on economic front

KARACHI, (DNA) – – Pakistan gets a good news from Indonesia on economic front as Indonesian government decision is likely to increase Pakistani exports.

Indonesia abolished import duties of up to 30 percent on 20 Pakistani products in a trade deal to secure future of more than one billion dollars of palm oil exports to the south Asian economy that is shifting to a new supplier on long-awaited tariff concessions, industry officials said on Friday.

Pakistan gets a good news from Indonesia on economic front

“The renegotiated trade deal is a step towards securing future of Indonesian palm oil exports to Pakistan,” Ehsan Malik, chief executive officer of a pan-industry advocacy group Pakistan Business Council (PBC) said.

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