Pakistan Today

China is Pakistan’s major trading partner with volume of $12.299b: envoy

Head of Chinese delegation Ambassador Sha Zukhang has said that Pakistan and China are major trading partners with volume of trade reaching an all-time high of US$ 12.299 billion in 2014-15.

He said this while addressing a session for the delegate of 100 Chinese investors organised by the Pakistan Business Council. The Chinese delegation was briefed about investment opportunities and potential in various sectors of the country, said a statement issued by Pakistan Business Council on Friday.

Ambassador Sha Zukhang, who was also the chief guest of the session, briefed the attendees about the initiative and interest of Chinese businessmen in supporting the economy of Pakistan.

He also admired the efforts made towards China-Pakistan Economic Corridor (CPEC) through dedication of various stakeholders in both the countries. Pakistan Business Council Chairman Bashir Ali Muhammad said: “The alliance between China and Pakistan has always been one of our strengths.”

He said this relationship covered many different areas, including industry, economics, energy, trade and investment, to name a few. He further added: “It is not just about building road and railway networks or energy projects but also about a myriad of business and social activities that will create employment opportunities, which lead to a higher level of growth in the country’s GDP.”

“It will have a positive impact on Pakistan-China trade but will also encompass Central Asia,” he said. Around 100 eminent Pakistani business persons were invited to this event by the ministry of commerce and Pakistan Business Council.

 

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