ISLAMABAD: The Board of Investment (BoI) has organized a meeting of stakeholders on Thursday to discuss the progress on the memoranda of understandings (MoUs) signed between the entrepreneurs of Pakistan and China during Pak-China Business Summit held in December 2010 here.
According to sources, the meeting will look into the cuurent status of 18 MoUs, which were signed by the business sectors of the two countries at Pak-China Business Summit during the visit of Chinese Prime Minister to Pakistan.
Khalil Ahmad, ambassador at large to China, will preside over the meeting, which will be attended by BoI Chairman Saleem H. Mandviwalla and Secretary Anis-ul-Hassnain Musavi.
The meeting will also be attended by high officials of Pakistan Space and Upper Atmosphere Research Commission (SUPARCO), Alternate Energy Development Board (AEDB), National Transmission and Dispatch Company of Pakistan, Federation of Pakistan Chambers of Commerce and Industry, Ocean Gold Seafood, Lahore Business International, Pakistan Gum & Chemicals, Crescent Sugar Mills & Distillery, Gulistan Group Companies, Arsala Seafoods, Texchain International, Stone Mart, KJC UNITED, Pak Agro Oil Mills, Harmain Int'l and New Allied Electronics Industries.
It is pertinent to mention here that Pakistan and China inked 22 agreements and MoUs at Pak-China Business Cooperation Summit to boost bilateral trade and investments.
The agreements and MoUs were related to development of energy sector, promotion of trade, exploration of natural resources and development of agriculture, livestock, finance and banking sectors.
A $ 6.5 billion MoU was signed between China Three Gorges Corporation and Alternative Energy Development Board for the wind power projects and solar energy projects.
The other MoUs were related to finance cooperation, frozen fish, import business, leather purchasing contract and purchasing of rapeseed meal, medical equipments donation and stone import business.-APP
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