Lahore, August 07, 2018 (PPI-OT): The trade delegation of Pakistan China Joint Chamber of Commerce and Industry (PCJCCI) reached China the other day and got a warm welcome by Mr. Masood Khalid, Ambassador and other dignitaries at Embassy of Pakistan in Beijing.
At this occasion, Mr. S.M Naveed, President PCJCCI, said that PCJCCI is promoting bilateral business between Pakistan and China. He also elaborated about the obstacles faced by the industries of Pakistan due to lack of modern and up-to-date technology which is needed for the betterment of industrial units. He said the private sectors of both Pakistan and China should develop close cooperation to draw maximum benefits from CPEC-related projects and explore untapped areas for mutual collaboration.
Mr S.M Naveed asserted that China now occupies the largest share in Pakistan’s total imports. Pakistan imports 24% of electrical equipment and 21% of machinery for strategic applications from China. Whereas, China is also ranked, as the 2nd largest export destination of Pakistan with a share of 7.7 percent in Pakistan’s total exports. This difference act as catalyst to establish joint ventures for the peace and prosperity of both sister nations. He also deeply acknowledged that the hospitality and love received by the PCJCCI delegation on arrival is highly commendable.
Mr. Masood Khalid, Ambassador of Pakistan Embassy, China highly applauded the efforts of PCJCCI in promoting economic relations with China and assured of the fullest support for strengthening economic ties between the two countries in collaboration with Pakistan’s vibrant trade bodies like PCJCCI.
For more information, contact:
Pakistan China Joint Chamber of Commerce and Industry (PCJCCI)
Mega Tower, 309 – 6th Floor,
Main Boulevard, Gulberg II,
Lahore, Punjab – Pakistan
Tel: +92-42-35777460-02, +92-42-37032203, +92-42-35874353
Category: General Business News