FPCCI Appreciates Chinese Role In Socio Economic Development Of

Pakistan

FPCCI appreciates Chinese role in socio economic development of
Pakistan

ISLAMABAD, (Pakistan Point News - 21th july, 2016) :Federation of pakistan Chambers of Commerce and Industry appreciated the Chinese role in the socio economic development of Pakistan which further strengthens the tested relationship between two countries. Vice President FPCCI Riaz Khattak said in a reception hosted in the honor of Chinese Ambassador Sun Weidong. He said the cordial ties between two countries have reached new heights with the launch of CPEC, as for the very first time, the economic relations have gained more importance than the political ties.

Khattak said "friendship with China is our most precious asset, and the CPEC is a game changer project, which cannot be compromised at any cost." He believed that time has now come for the private sector of both countries to use each other's expertise to excel in various fields, which include energy, infrastructure, tourism and mining etc. "The China-Pakistan Economic Corridor for Pakistan is the strongest pillar of economic, commercial and cultural connectivities between Pakistan and China and will create a positive impact on the region.

" FPCCI Vice President also asked Chinese Embassy to relax the requirements of getting visit visa for Pakistani businessmen, so that business to business interaction further enrich which is very much required at this time. Similarly, Chairman Regional Standing Committee of FPCCI, Ahmad Jawad said "Pakistan needs Chinese expertise in the post harvest technology to transform our agriculture sector". He said Chinese embassy must play its due role to encourage Chinese companies to invest in Pakistan agriculture sector.

Jawad further said there is a tremendous potential for the development of an agro-based industry along the China- Pakistan Economic Corridor. "We have identified at least eight "agro-business centers" along the corridor's route which also required Chinese support. Jawad said that with the setting up of agro business development centers, "we would be able to enter the Chinese market with finished agriculture products. Chinese ambassador Sun Weidong appreciated the proposals of FPCCI and said, "we would like to strengthen the working further with the FPCCI in all economic sectors." "We also look into it how we further relaxing the visa requirements for Pakistani businesses to tap the economic opportunities" he added.