Pak, Mauritius PTA to be operational from 30th
By Ali Imran

ISLAMABAD—Pakistan and Mauritius have signed the Preferential Trade Agreement (PTA) to boost their trade relations. The agreement would enable both the countries to exchange trade in a large number of products, said a press release issued by Federal Board of Revenue (FBR) here Tuesday.
Mauritian market has good potential for Pakistani exports and can also serve as a gateway for the entire African region, it said adding that this Preferential Trade Agreement with Mauritius will ensure that Pakistani products have an edge over the products of other countries in the Mauritian market.
To make the agreement operational from 30th November, 2007, the Government of Pakistan has issued SRO 1151(I)/2007 dated 26-11-2007 wherein Margin of Preference of 50% of existing tariff rates has been granted to 64 products including flowers, fruits, tea, sugar, sea food and soap.
“This Margin of Preference shall increase to 100% on these items from 30-11-2008. Similarly, Margin of Preference ranging from 35% to 50% and tariff rate quota ranging from 200000 to 300000 pieces has been granted on 66 textile made up items,” the press release added.
Similarly, Mauritius has offered Margin of Preference ranging from 15% to 30% for the first year of the PTA on 102 Pakistan Customs Tariff lines which includes products like flowers, fruits, cereals, tobacco items, salt, marble, carpets, bed linen, textile furnishing articles and electrical machinery and microwave ovens.