Deputy Prime Minister Dar Boosts Pakistan-China Economic Ties

Web DeskMay 19, 2024 01:44 AMbusiness
  • Emphasized Chinese role in CPEC development
  • Highlighted investment potential in Pakistan
  • Advocated for closer business partnerships for mutual growth
Deputy Prime Minister Dar Boosts Pakistan-China Economic TiesImage Credits: Prensa Latina - Latin American News Agency
Deputy Prime Minister and Foreign Minister Senator Muhammad Ishaq Dar's participation in the Pakistan-China Business Roundtable conference emphasized enhancing economic collaboration, investment potential in Pakistan, and the need for closer business partnerships for mutual growth.

Deputy Prime Minister and Foreign Minister Senator Muhammad Ishaq Dar recently participated in the Pakistan-China Business Roundtable conference, where discussions were held with representatives from various Chinese organizations and businesses. The primary objective of the conference was to enhance economic collaboration and trade relations between Pakistan and China.

During his speech, Deputy Prime Minister Dar recognized the significant role played by Chinese companies in the initial phase of the China-Pakistan Economic Corridor (CPEC). He emphasized the importance of establishing business-to-business connections for the upcoming phase of CPEC and encouraged Chinese enterprises to leverage Pakistan's business-friendly policies and market opportunities.

Deputy Prime Minister Dar also shed light on the investment potential in Pakistan, particularly highlighting the Special Investment Facilitation Council (SIFC) and its role in supporting international investors. He underscored the necessity of fostering synergies, especially in the development of Special Economic Zones, to foster mutually beneficial cooperation.

He outlined the promising business prospects in Pakistan, especially in sectors like agriculture, information technology, and labor-intensive industries. Deputy Prime Minister Dar noted that the country's pro-business policies, economic growth, and streamlined facilitation processes make it an appealing investment destination.

The Pakistan-China Business Roundtable conference served as a platform to strengthen economic ties between the two nations, with a focus on enhancing collaboration and trade relations. Deputy Prime Minister Dar's address highlighted the investment opportunities in Pakistan and emphasized the need for closer business partnerships to drive mutual growth and prosperity.

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