KARACHI
The bilateral relations between China and Pakistan have been developing in steady and sound manner setting new example of the truly friendship which stood the test of time and dramatic changes in international arena.
At present the growth of friendly cooperation between China and Pakistan is embracing new opportunities for bilateral trade and the blueprint of Economic Corridor between Pakistan and China in particular is of great significance and has broad prospects.
This was said by Zakaria Usman, president FPCCI, in a meeting with Chinese trade and investment delegation of Zhongshan Bureau of Foreign Trade and Economic Cooperation.
The delegation visited the Federation House to meet the office bearers of FPCCI and the business community.
The president said the friendship of China and Pakistan was time tested, truly good and deeper than ocean and higher than mountains.
“Our government always put Pak-China economic relations on priority to enhance partnership in all fields.” He said that the volume of the bilateral trade between both the countries stood at $12.41 billion in which the export share of Pakistan to China is $3.14 billion while export share of China to Pakistan is $9.27 billion.
He also said the exchange and cooperation in various fields and particularly frequent commerce and trade activities both side are increasing and more than this it is encouraging that Chinese enterprises are keen to increase their investments in trade projects particularly in energy sector and infrastructure.
He said that the Chinese had promised to get rid the people of Pakistan from power crises by investment of $20 billion in energy sector.
He further informed the delegation that during his tenure of Presidency China is the target market and during 2014, FPCCI will organise Pakistan’s participation in more than 10 Chinese exhibitions.
He also said that the trade exhibitions are the modern tool to enhance bilateral trade economic activities. He said that FPCCI also planning to organize frequent visit of trade delegation to China and solo Made in Pakistan exhibition in Kunming and other cities. He added that FPCCI will also see the possibility of holding solo exhibition of Pakistan in Zhongshan city of China.
The Chinese leader of delegation Cen Hongkai said that economic and trade cooperation between Zhongshan and Pakistan is still in the initial state and the Zhongshan Bureau of Foreign Trade and Economic Cooperation is confident that there will be broad prospects and huge potential for mutual cooperation for more frequent exchanges in the future. He further said that in recent years, Pakistan has put many preferential policies to attract foreign investment.
The economic globalization and regional integration also provide immense opportunities for further cooperation between the two sides. He assured that Zhongshan and Pakistan will work together and to strengthen the trade the trade and investment cooperation and promote the bilateral economic activities between both the countries.
