PM Shehbaz in China pledges full support, security for investors

PM Shehbaz Seeks Enhanced Pakistan-China Business Cooperation

ISLAMABAD: Prime Minister Shehbaz Sharif, during his visit to China, emphasized the need for robust business-to-business cooperation between Pakistan and China. Addressing the Pakistan-China Business Forum in Shenzhen, the PM assured Chinese investors of full facilitation and security for their projects in Pakistan.

Key Points:

  • Bilateral Trade & Investment: PM Shehbaz highlighted potential in sectors such as IT, agriculture, mining, textiles, and renewable energy.
  • Chinese Development Model: He praised China's economic transformation and expressed his resolve to replicate it in Pakistan.
  • Collaboration in Industries: Urged Pakistani businessmen to collaborate with Chinese counterparts, particularly in textiles and steel.
  • Mineral Resources: Stressed the untapped $10 trillion mineral deposits in Pakistan, promoting conversion to exportable goods.
  • Security Assurances: Following a past terror attack, he assured foolproof security for Chinese workers in Pakistan.
  • Visit to Huawei: PM invited Huawei to invest in Pakistan's taxation, e-governance, and agriculture sectors, and attended the signing of a framework agreement for IT training and support in establishing Safe Cities and digitization efforts.

PM Shehbaz's visit included meetings with top Chinese officials and signing several MoUs, aiming to strengthen bilateral ties and economic cooperation.

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