KARACHI:
Prime Minister Shehbaz Sharif assuring resource availability pledged to provide steadfast support for foreign investors.
The premier attended the Pakistan China Business Forum in Shenzhen on Wednesday and lauded China’s developmental achievements as exemplary during his visit to the brotherly country.
Speaking at the forum, PM Shehbaz stressed the importance of bolstering the relationship between the two nations and fostering increased investment.
He mentioned the establishment of a business council to facilitate investments in Pakistan and reiterated the government’s commitment to providing necessary facilities to foreign investors and businessmen.
Highlighting Pakistan’s abundant resources, the PM underscored the potential for economic growth.
Regarding security concerns, Sharif expressed condolences over the tragic incident where five Chinese citizens lost their lives to terrorism in Besham.
He affirmed China’s status as a steadfast friend and partner to Pakistan, offering support in times of need, be it during conflicts, natural disasters, or on global platforms.
The PM assured heightened security measures for Chinese citizens working in Pakistan, promising to prioritize their safety.
During a meeting with Zhu Zhaojiang, founder and chairman of Transsion Holdings, the premier welcomed the company’s interest in expanding investments in Pakistan’s mobile manufacturing sector and exploring opportunities in electric bikes, modern agriculture, and fintech.
Shehbaz Sharif directed relevant authorities to collaborate with Transsion Holdings to devise an action plan.
Finance Minister Muhammad Aurangzeb addressed the issue of inflation, stating that government measures have led to positive economic indicators, including a reduction in the current account deficit.
Foreign Minister and Deputy Prime Minister Ishaq Dar emphasized Pakistan’s investment potential, particularly in IT and mineral resources, while Pakistani Ambassador to China Khalil Hashmi highlighted Shenzhen’s progress as a model for cooperation between the two nations.
