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pakistan's commerce minister invites chinese companies to explore business opportunities in pakistan

2024-09-16

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reference news reported on september 16according to a report on the pakistan daily times website on september 15, pakistan's federal minister of commerce jam kamal khan emphasized the strategic partnership between pakistan and china on the 14th. the two countries are often referred to as "iron buddies."

the minister stressed the importance of aligning economic cooperation between the two countries with their strong political and strategic ties, noting: "while our economic partnership has grown significantly, particularly through the china-pakistan economic corridor and the china-pakistan free trade agreement, there is still huge untapped potential."

the federal minister of commerce reportedly delivered a keynote speech via video at the pakistan investment conference held during the china international fair for trade in services.

the conference was jointly organized by the pakistani embassy in china and chinese officials to enhance the level of exchanges between enterprises and promote chinese investment opportunities in pakistan.

the report said that when talking about the second phase of the china-pakistan economic corridor, kamal khan stressed that efforts to promote chinese investment in pakistan have made progress since the pakistani prime minister visited china in june this year.

he assured the chinese business community of pakistan's support and reiterated the government's commitment to creating an environment conducive to investment and industrial growth.

kamal khan outlined the competitive advantages pakistan offers chinese companies, including its rich economic resources, investor-friendly policies and access to major regional and global markets.