Post Reply 
 
Thread Rating:
  • 0 Vote(s) - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5
Pakistan, China to execute 36 projects worth $14 billion,
04-16-2012, 12:21 PM
Post: #1
Pakistan, China to execute 36 projects worth $14 billion,
Pakistan, China to execute 36 projects worth $14 billion

ISLAMABAD - Pakistan and China Will execute 36 projects worth $14 billion during next five years in various fields including education, health, transport, energy and industry, said Pakistan’ Ambassador to China Masood Khan.
He expressed these views while addressing the inauguration ceremony of Pak-China Business Forum, at Pak-China Friendship Centre here on Sunday. He said Pakistan wanted to exploit full potential of its ties with the friendly neighbor country - China.
“Pakistan’s business ties with China would be as robust as strategic partnership,” he commented and said that economic relations are placed at top in agenda of every high level interaction.
He said platforms like Pak-China Business Forums will prove to be beneficial for the businessmen who seek guidance as how to do business with China and vice-versa. He said terrorists cannot go for long and that Pakistan provides best protection to Chinese engineers, businessmen and workers.
Khan stressed for collaboration between academia and industry as the universities provide the best nursery to the industrial sector.
He said Pak-China Business Forum is a pioneering effort by COMSATS Institute of Information Technology to enrich business ties with China and explore further avenues.
He said with the passage of time, the leading entities have developed common platforms to enhance linkage with each other. “But we should try to look even better.
Here comes the role of educational institutes to help exploit maximum possible potential between the two countries,” said Pakistan’s ambassador to China.
He said there is a strong aspiration between both the countries for exchange of youth for what such forums prove to be a catalyst.
The ambassador said Shanghai Cooperation Organization has already started enhancing its network and hopefully Pakistan would get its full membership.
He said last year, the Industrial and Commercial Bank of China has opened branches in Islamabad and Karachi. Moreover, in December 2011, the central banks of China and Pakistan have reached an agreement for currency swap to enable traders of Pakistan and China to use Pakistani Rupee and Chinese Renminbi for transactions and settlements.
“Both these steps would stimulate further growth in Pak-China trade ties,” Masood Khan said.
Visit this user's website Find all posts by this user
Quote this message in a reply
Post Reply 


Possibly Related Threads...
Thread: Author Replies: Views: Last Post
  China Affirms Readiness to Collaborate with Pakistan for CPEC Upgrade LRE-Azan 0 362 01-26-2024 03:33 PM
Last Post: LRE-Azan
  IMF Tranche Boosts Pakistan Forex Reserves to $8.27 Billion LRE-Azan 0 176 01-26-2024 03:31 PM
Last Post: LRE-Azan
  PM Kakar Emphasizes Pakistan-China Collaboration for CPEC Project Completion LRE-Azan 0 189 01-23-2024 03:31 PM
Last Post: LRE-Azan
  The China-Pakistan Economic Corridor (CPEC) Achieves Milestones: 36 Projects Worth US LRE-Azan 0 230 01-06-2024 05:23 PM
Last Post: LRE-Azan
  Pakistan Aims to Generate USD 4.5 Billion in FY23-24 from Non-IMF Sources, Says Finan LRE-Azan 0 212 12-18-2023 02:10 PM
Last Post: LRE-Azan
  Pakistan and Kuwait Seal Seven Multi-Billion Dollar Investment Pacts LRE-Azan 0 233 11-30-2023 06:42 PM
Last Post: LRE-Azan
  Pakistan and the UAE Strengthen Ties with Multi-Billion-Dollar MoUs LRE-Azan 0 206 11-29-2023 02:38 PM
Last Post: LRE-Azan
  Pakistan and Kuwait to Agree on $10 Billion Investment Deals LRE-Azan 0 218 11-27-2023 02:15 PM
Last Post: LRE-Azan
  Pakistan and China Set to Ink Agreement for Third-Party Involvement in CPEC LRE-Azan 0 368 10-04-2023 07:11 PM
Last Post: LRE-Azan
  Pakistan’s Real Estate sector has $40 billion Investment Potential LRE-Azan 0 294 09-20-2023 07:28 PM
Last Post: LRE-Azan
  Govt to Set Up Oil Refinery Worth Around $14 Billion: Minister LRE-Azan 0 529 04-29-2023 06:13 PM
Last Post: LRE-Azan
  7 LDA Officials Accused for Wrongly Allocating 27 Plots Worth Millions LRE-Azan 0 507 04-15-2023 06:01 PM
Last Post: LRE-Azan
  Pakistan receives US$2 billion in financial support from Saudi Arabia LRE-Azan 0 626 04-08-2023 02:21 PM
Last Post: LRE-Azan
  China rolls over $2bn loan to Pakistan: Foreign Minister Ishaq Dar LRE-Azan 0 643 04-01-2023 01:02 PM
Last Post: LRE-Azan
  Approval of 10 development projects Worth Around Rs. 87 billion (CDWP) LRE-Azan 0 691 02-07-2023 07:50 PM
Last Post: LRE-Azan
  CM lays foundation of over Rs4 billion projects LRE-Azan 0 600 01-18-2023 03:00 PM
Last Post: LRE-Azan
  Naya Pakistan Housing Scheme: PC-1 Ready in 14 Billion LRE-Azan 0 1,227 03-02-2022 06:51 PM
Last Post: LRE-Azan
  Pakistan, China ink framework agreement on industrial cooperation under CPEC LRE-Azan 0 1,420 02-06-2022 02:26 PM
Last Post: LRE-Azan
  Lahore: Land Worth of Rs. 22 Crores Relinquished in Moza Aahlo LRE-Azan 0 1,295 11-22-2021 08:15 PM
Last Post: LRE-Azan
  Pakistan and China Discuss on Railway Project - Development News LRE-Azan 0 4,048 07-16-2018 07:32 PM
Last Post: LRE-Azan

Forum Jump:


User(s) browsing this thread: 1 Guest(s)