AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service
Islamabad, Prime Minister Shehbaz Sharif has committed to providing foolproof security and comprehensive facilitation for Chinese nationals and investors in Pakistan. This assurance was delivered during his address at the Pakistan China Business Forum in Shenzhen, where he outlined a series of protective measures initiated following a terrorist attack in Bisham.
According to Ministry of Information and Broadcasting, Prime Minister Sharif expressed a strong commitment to the safety of Chinese individuals working throughout Pakistan, emphasizing that the government would spare no effort in this regard. He lauded China’s economic progress under President Xi Jinping’s leadership, expressing his intention to emulate China’s model of rapid economic transformation within Pakistan, including implementing structural changes to enhance transparency and combat corruption.
The Prime Minister highlighted Pakistan’s rich mineral resources, valued at approximately ten trillion dollars, and discussed potential in sectors like gold and copper mining to boost the nation’s exports. He encouraged Pakistani businessmen to engage in serious discussions with Chinese counterparts for potential joint ventures in various sectors including textile, leather, steel, and engineering.
On the same occasion, Deputy Prime Minister and Foreign Minister Ishaq Dar emphasized the fast-track facilitation for Chinese companies setting up operations in Pakistan. He mentioned the establishment of a Special Investment Facilitation Council aimed at easing the process for investors.
Finance Minister Muhammad Aurangzeb also spoke at the forum, noting positive trends in Pakistan’s macroeconomic indicators. He detailed the government’s economic strategies which focus on market-driven economics rather than governmental control. Aurangzeb highlighted a 6.25 percent growth in Agriculture GDP and a primary surplus indicating fiscal consolidation. He also pointed out the stable Pakistani currency and an improvement in foreign reserves, signaling economic stabilization.
Furthermore, Aurangzeb outlined future plans including the launch of Pakistan’s inaugural Panda Bond in the next fiscal year, aiming to tap into the Chinese capital market—one of the largest in the world. This move is part of a broader “Road to Market” approach that includes export-led growth, foreign direct investment, and access to international capital markets as foundational pillars.
The comprehensive statements from Pakistan’s leadership at the forum reflect a strategic push to deepen economic ties with China while ensuring a secure and conducive environment for investment and collaboration.