ISLAMABAD: Chinese Ambassador to Pakistan, Sun Weidong here on Saturday called on Minister for Finance, Muhammad Ishaq Dar and discussed the issues of mutual interest.
Finance Minister informed the Ambassador about the latest economic indicators and progress of economy during the last one year and highlighted the measures proposed in the next budget which provides special incentives for foreign direct investment in Pakistan.
He said that the new incentives will attract foreign investors to Pakistan which has huge potential for growth and appreciated the Chinese contribution for the economic development of Pakistan.
As the country is experiencing a gap between power supply and demand, the Finance Minister underlined the importance of on going energy projects which can help tackle the energy shortages.
He said that the government has adopted fast track policy for the implementation of the projects started with the Chinese cooperation and added that these efforts are not only creating attractive opportunities of Chinese investment but new avenues of employment and trade are also opening for the people of Pakistan.
The Ambassador while congratulating the Finance Minister on the economic achievements, the country has made in the last one year, said, "we have been impressed by his budget speech and presentation".
He underlined the importance of Pakistan-China Economic Cooperation and said that the aim of both the governments is to work for pushing ahead our long standing friendship.
"China would help further boost the existing strong and strategic partnership between the two countries", he added.
The Ambassador also discussed avenues for enhancing bilateral cooperation in various fields between the two countries.
He appreciated Pakistan's plans for the development projects initiated by the present government and said that "stronger Pakistan is our strength".
The meeting was also attended by Chairman PAEC, Ansar Pervez, Attorney General of Pakistan, Salman Butt, Finance Secretary, Dr Waqar Masood, Advisor to the Finance Ministry Rana Assad Amin and senior officials of the Finance Ministry.
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