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Latest News - June 25, 2024

High-level meeting in Islamabad focuses on accelerating Chinese investments in Pakistan

Minister for Board of Investment Abdul Aleem Khan and Minister for Commerce Jam Kamal Khan led a high-level meeting in Islamabad to evaluate progress on investment agreements from China. The meeting reviewed the status of 30 MoUs signed between 107 Pakistani and 250 Chinese business groups during Khan’s recent visit to China. Khan emphasized the importance of launching joint ventures promptly and recommended the Chinese embassy in Pakistan facilitate business meetings between the two nations. Reports on advancements in various sectors, including petroleum, health, industry, information, power, and IT, were presented, with Pakistani trade officials from Beijing, Shanghai, Shenzhen, and Guangzhou providing updates via video link.

Minister for Board of Investment Board Abdul Aleem Khan and Minister for Commerce Jam Kamal Khan presided over a high-level meeting in Islamabad today, to review follow-up measures regarding investment from China in Pakistan.

The meeting discussed progress made so far on MoUs with Chinese companies and business groups.

During recent visit of Abdul Aleem Khan to China, 30 MoUs were signed between 107 Pakistani and 250 Chinese business groups.

The Minister for Board of Investment said joint ventures between Chinese companies and Pakistani business entities should be launched at the earliest.

He said the Chinese embassy in Pakistan should organize meetings of business groups of Pakistan and China.

During the meeting, reports were submitted on progress of petroleum, health, industry, information, power division, IT and other ministries.

Pakistani trade officials from Beijing, Shanghai, Shenzhen and Guangzhou gave briefings in the meeting via video link.

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