China and Pakistan signed an agreement on free trade area (FTA) on
November 24, 2006, in the presence of top leaders from both
countries. The agreement is projected to triple current bilateral
trade to 15 billion US dollars within five years.
Please read the full text of the agreement here
http://gjs.mofcom.gov.cn/aarticle/af/fazzn/200611/20061103845345.html.