China will assist Pakistan in enhancing its exports to China.
ISLAMABAD -- During his recent visit to China Pakistan's Minister of Commerce Dr.Gohar Ejaz signed a Memorandum of Understanding (MOU) on Pakistan's behalf with the Chinese Minister of Commerce Wang Wentao in Beijing.
Under the MOU, China will assist Pakistan in enhancing its exports to China.
The MOU will go a long way in increasing Pakistan's exports to China and will contribute to job creation, in addition to balancing bilateral trade, said the Commerce Minister, according to a report published by Gwadar Pro on Tuesday.
Earlier, the Ministry of Commerce concluded a series of highly productive meetings with prominent Chinese business leaders and investment groups on the sidelines of the 3rd Belt and Road Forum in Beijing.
The meetings were aimed at strengthening economic ties between Pakistan and China and exploring various investment opportunities in Pakistan.
According to the Ministry's official statement, Dr. Gohar Ejaz met with Wang Zihai, Director of China-Pakistan (Qingdao) International Cooperation Hub.
The discussions centered on investment opportunities in Pakistan, including areas such as civilian and defense equipment, EV lithium batteries, solar panels, and semiconductors.
The role of the Special Investment Facilitation Council (SIFC) in facilitating these opportunities was a key point of conversation.
In a meeting with Li Yiman, Chairperson of Eman Logistics, the focus was on expanding Pakistan's presence on Chinese digital platforms.
Eman Logistics plans to launch 'Pakistan National Pavilion' display centers in China, demonstrating a commitment to digital diplomacy.
The Minister also engaged with Jin Weidong, President of Wellhope, a leading Chinese agri-producer. The company's global leadership in smart farming and meat processing can pave the way for a mutually beneficial partnership.
The Minister met with Wang Guidong of Donghua Group, emphasizing Pakistan Steel Mills' privatization and the government's dedication to the process. The establishment of SIFC...
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