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Reading: PM Shehbaz assures Chinese investors of security and facilitation.
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Baner Club > Blog > Pakistan > PM Shehbaz assures Chinese investors of security and facilitation.
PakistanPolitics

PM Shehbaz assures Chinese investors of security and facilitation.

PM lauds Chinese model of development, economic transformation, vows to replicate the same in Pakistan

Last updated: 2024/06/07 at 3:45 PM
Published June 7, 2024
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In addition to promising complete facilitation to Chinese investors and the security of Chinese persons, projects, and investments in Pakistan on Wednesday, Prime Minister Shehbaz Sharif emphasized that mutually beneficial business-to-business engagement was essential to a bright future for both parties.

During his five-day visit to China, the prime minister spoke at the Pakistan-China Business Forum and emphasized the potential for bilateral trade and investment, particularly in important areas like the transfer of Chinese technology, industry, and partnerships in IT, agriculture, mining, steel, textiles, and renewable energy.

The prime minister praised China’s development and economic transformation model over and over again, promising to apply it to Pakistan.

He said the meeting that while Pakistan’s exports were valued at $30 billion, the country possessed mineral resources estimated to be worth $10 trillion. The potential to extract minerals from the resources and turn them into completed and semi-finished commodities for export is enormous.

He gave the Chinese side his word that structural reforms to Pakistan’s legal system had already been initiated by his government to combat corruption.

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admin June 7, 2024 June 7, 2024
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