SAARC highlights investment options for China

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A large business delegation jointly led by South Asian Chamber of Commerce and Industry (SAARC) Vice President Iftikhar Ali Malik and FPCCI President Senator Ghulam Ali participated in the inauguration ceremony of Pakistan-China Centre held in connection with 60th anniversary of Pakistan-China relations.
Speaking on the occasion, the SAARC CCI Vice President Iftikhar Ali Malik said that the Pakistani business community looked on its Chinese brethren with high esteem. He said the friendship has no parallel.
The SAARC Chamber Vice President said that there was an enormous potential for investment in Pakistan particularly in the fields of finance, banking, power, alternate energy, information technology, engineering sector, textile machinery, agriculture and agro-based industry, food, fruit processing and packaging, livestock and dairy farming.
The SAARC vice president while appreciating the economic package announced by Chinese government for the promotion of bilateral trade termed it a marvelous step towards strengthening the national economy and would go a long way in improving economic conditions in Pakistan. Malik said that since China is moving towards advanced technology, the government might consider the transfer of industry to Pakistan, enabling Pakistan to meet its domestic demands and create a surplus for export purposes.
He said that it would help restrict poverty and create new job opportunities while re-exporting opportunities would help reduce trade deficit faced by Pakistan in trade with China. He said that Regional FPCCI SME Committee Chairman Rehmatullah Javaid has been nominated to coordinate with Chinese authorities to discuss the details of forthcoming bilateral business visits.
He stressed that Pakistan’s business community is not only active in promoting bilateral economic relations with China while under the umbrella of SAARC Chamber of Commerce and Industry China-South Asia Business Forum had already been formed in Yunnan and Sichuan provinces and the forum is actively working for integrating the South Asian economy with China.

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  1. CHINA HAS ALL THE TECHNOLOGY ALONG WITH IRAN TO MOVE PAKISTAN MAJOORLY FORWARD IT IS ABSOLOUTE RUBBISH THAT PAKISTAN NEEDS TECHNOLOGY FROM WEST OR US IN PARTICULAR CHINA IS THE WORLDS PRODUCER OF GOODS AND BUILDING ETC AND IS PAKISTANS TRUE ALLY IT IS CHINAS MONEY THE IMF AND US USE TO THREATEN PAKISTAN PAKISTAN WOULD DO WELL TO DUMP US AID WHICH IS BLOOD MONEY NATO HAS ADMITTED TALIBAN NOT TO BLAME FOR 9/11 TOP 3 IN AL QEIDA ARE AMERICANS PAKISTAN ANS AFGHANISTAN MUST REMIND WORLD ESPEECIALLY CHINA AND RUSSIA OF NATOS ADMISSION AND US TERRORIST ATTACKS IN ME AND HINDU TERRORISTS WAR ON TERROR COMPLETE HYPOCRISY MKO TERRORISTS IN EUROPE AND IRAQ AND HINDUS IN EU PAKISTAN MUST STAY STRONG AND GET OUT US AID CLUTCH AND THREATS US CANNOT SUSTAIN ITS POSITION FOR LONG LIVE PAKISTAN STAY STRONG AND CALM YOU HAVE ENOUGH AMMUNITION TO USE AND DO NOT WEAKEN US GETS ITS POWER FROM BULLYING O B LADENS DEATH WILL NOT WORK IN US FAVOR IF MUSLIM COUNTRIES STAY STRONG STUPID B LADEN STORYCIA WOULD HAVE KNOWN IF BLADEN IN CITY IN PAKISTAN MORE STUPID OBOMBER LIES

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