Pakistan and China Ink 32 MoUs to Boost Trade

Pakistan and China Ink 32 MoUs

Pakistan and China have signed thirty-two memorandums of understanding (MoUs) at the Pakistan-China Business Forum held in Shenzhen, as announced by the Minister for Privatization and Board of Investment, Abdul Aleem Khan.

Minister Khan assured Chinese companies of robust support for their business ventures in Pakistan. He highlighted that the private sector will have ample opportunities to invest in diverse areas such as energy, infrastructure development, agriculture, engineering construction, and logistics.

Emphasizing Pakistan’s vast potential and rich natural resources, Khan noted that extensive business activities would stimulate economic growth and generate employment opportunities.

He also mentioned that discussions were held with key Chinese business groups, resulting in bilateral proposals and finalized plans to further strengthen cooperation between the two nations.

The forum saw the participation of 500 Chinese companies and 100 Pakistani companies, underscoring the strong business ties between the two countries.