As Chinese and Pakistani companies signed 21 memorandums of understanding totaling $4.2 billion in various sectors on Thursday, Prime Minister Shehbaz Sharif promised the Chinese investors that any red tape delays in investment procedures would be eliminated.
During his keynote speech at the Second Pakistan-China B2B Investment Conference in Beijing, the prime minister announced the official opening of the China-Pakistan Economic Corridor, or “CPEC 2.0,” and presented a daring new vision for Pakistan-China economic cooperation.
