(24News) An important review meeting regarding Chinese investment in Pakistan was held under the chairmanship of Prime Minister Shahbaz Sharif. The meeting was attended by Federal Minister for Planning Ahsan Iqbal, Federal Minister for Investment and Privatization Abdul Aleem Khan and other relevant senior government officials. .
In the meeting, a detailed briefing was given on the visit of the Chinese delegation to Pakistan. It was stated in the briefing that a delegation of Chinese experts visited Pakistan from July 30, 2024 to August 6, 2024 and also held meetings with representatives of various ministries. During the visit of the delegation, Significant progress has been made in terms of cooperation and investment in the fields of trade and investment, energy, agriculture, information technology, communication and infrastructure between China and Pakistan, and the Chinese delegation also met with representatives of major chambers of commerce and industry in the country. met
In the briefing, it was said that the services of Chinese experts will be hired to increase domestic exports and remove non-trade barriers, sectoral road shows will be organized in different cities of China to increase exports of Pakistani products in China. Along with this, technology transfer and upgradation services will also be obtained from China in electric vehicles, electro-medical devices and other sectors.
It was told in the meeting that the interest of Chinese companies has increased regarding the relocation of Chinese industries in Pakistan and the Chinese auto spare parts company has recently made significant progress in setting up its own plant in Pakistan. It was said in the briefing that Land leasing for Special Economic Zones is being facilitated, Pakistani students and research scholars will be trained in agriculture in China for which 572 applications have been received so far.
On the other hand, the Prime Minister has directed to give equal ratio to all provinces regarding the training of Pakistani students and research scholars in the field of agriculture in China. The JO will monitor the transparent selection of Pakistani students and research scholars for agricultural training in China.
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2024-08-20 09:53:29