Islamabad [Pakistan], January 24 (ANI): While Pakistan’s trade deficit is widening, its oil marketing companies (OMCs) are making huge profits through tax-free imports.
Around 15 OMCs are reported to have imported over 2.4 billion litres of petrol from China in two years earning a windfall of more than Rs 20 billion because of a special arrangement allowed under the China-Pakistan Free Trade Agreement (CPFTA), reported Da
Pak oil firms make huge profits through tax-free imports
