ICCI, CCPIT sign MoU to promote Pak-China trade and investment.

ISLAMABAD -- Zhao Kai, President, China Council for the Promotion of International Trade (CCPIT), Shenyang Sub-Council along with a delegation of Chinese entrepreneurs visited Islamabad Chamber of Commerce and Industry and signed a Memorandum of Understanding with ICCI to promote bilateral trade and investment between Pakistan and China. Ahmed Hassan Moughal, President, ICCI and Zhao Kai President CCPIT-Shenyang Sub-Council signed the MoU. Rafat Farid Senior Vice President, Iftikhar Anwar Sethi Vice President ICCI, M. Ejaz Chaudhry former MNA and a businessman and others were present at the occasion.

By signing MoU, both sides agreed to keep constant contact and make efforts to promote bilateral trade and economic cooperation between Pakistan and China. They agreed to exchange regularly market information to explore new possibilities for enhancing business cooperation between their members.

They will assist visits of trade delegations between the two countries and encourage bilateral investment and technology transfer. Both sides will assist each other in organizing or participating in exhibitions, trade fairs, conferences, business seminars, training programs and forums taking place in respective countries.

Speaking at the occasion, Zhao Kai, President, CCPIT-Shenyang Sub-Council said that his organization was national foreign trade and investment promotion agency of China and the purpose of signing MoU with ICCI was to accelerate efforts for promoting bilateral trade and investment between China and Pakistan. He said CCPIT has about 150,000 members in China and it would work with ICCI to promote...