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Supplements: LONG LIVE PAKISTAN-CHINA FRIENDHSIP - Welcome to Pakistan Chinese Premier

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We would like to welcome His Excellency on behalf of Pak China Club to Pakistan. As we are all well aware of the friendship both our countries have with each other. We hope that this relationship will grow as time passes by.

Pakistan and China are linked by common mountains and rivers. The friendship between our peoples has a time-honoured history, and our two countries regard each other as a good neighbour, good friend, good partner and good brother and have developed an exemplary state-to-state relationship.
We would like to welcome His Excellency the Chinese Premier Li Keqiang on behalf of Pak China Club to Pakistan. As we are all well aware of the friendship both our countries have with each other. We hope that this relationship will grow as time passes by.
Pakistan is one of the first groups of countries that have recognised China. On May 21, 1951, the two countries officially established their diplomatic relations. Since then, China and Pakistan have witnessed smooth development of friendly and neighbourly relations as well as mutually beneficial co-operation. This year both countries are celebrating as a year of friendship to mark 60 years of diplomatic relations. The Pakistan-China friendship is unique in many ways in the recent history of state-to-state relations.
Economic relations ranked low in the co-operative activities despite the enormous potential for growth in this sphere. Pakistan and China both felt the need to enhance economic co-operation in order to muscle their strategic partnership in a fast changing regional and global environment, and since 1999 the two countries have shown the resolve and determination to catch up and make up for the lost opportunities in the economic sphere.
Mission: To make PHMA a leading trade organisation in the country adopting best international practices for the promotion of Business community especially Hardware sector.
Important events: 1950 - Pakistan becomes the third non-communist country, and first Muslim one, to recognise the People's Republic of China.

 



 
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Banking Review 2012

Annual2011/12
Foreign Debt $65.562bn
Per Cap Income $1,372
GDP Growth 3.7%
Average CPI 10.08%
MonthlyApril
Trade Balance $-1.779 bln
Exports $2.130 bln
Imports $3.909 bln
WeeklyMay 20, 2013
Reserves $11.601 bln