Indonesia crude palm oil sales to Pakistan seen up
2/3/2012 12:50:40 PM
JAKARTA: Indonesia's crude palm oil sales to Pakistan are expected to more than triple this year as a result of a cut in import duties imposed by Islamabad following a trade pact signed on Friday, the Pakistani ambassador said.
The preferential trade agreement (PTA), approved in September but formally signed on Friday, will result in Pakistan lowering its duty by 15 percent on crude palm oil from the world's top producer.
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