Businessmen eagerly waiting for completion of CPEC: FPCCI

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The business community is eagerly waiting for completion of Pak-China Economic corridor which would bring economic revolution in Pakistan and China. This was stated by Muhammad Waseem Vohra, Vice President of the FPCCI in a meeting with 16 member delegation of Xinjiang province of China which visited the chamber.

Muhammad Waseem Vohra said that Pak-China friendship was time tested, truly good, deeper than ocean and higher than mountains. However, the traditional friendship of Pakistan and China had been now molded into a comprehensive strategic partnership in trade, investment and economic development, he added. The vice president further said the Pak-China Economic corridor would be a milestone which would strengthen trade and investment ties between both the countries. He said the business community was eagerly waiting for completion of this project. The huge Chinese investment in Pakistan, particularly in energy sector and infrastructure, would bring an economic revolution in the region.

The head of Chinese delegation HE Yiming, Director General of the Department of Commerce of Xinjiang province of China, said that Pakistan was their second home. He said a number of Pakistanis were doing businessmen in Xinjiang province of China. He further said that Chinese investors were keen to invest more in Pakistan in different sectors including agriculture and petrochemical. He further stated that the Pakistan China Economic Corridor was an important part of China Silk Road which would open new avenues of enhancing trade and commerce activities. However, there was a need to develop mechanism enhancing economic cooperation between both the countries, he added. He emphasized on frequent exchange of delegations between Pakistan and Xinjiang.