AGL 5.27 Decreased By ▼ -0.13 (-2.41%)
ANL 8.75 Decreased By ▼ -0.04 (-0.46%)
AVN 76.62 Increased By ▲ 0.37 (0.49%)
BOP 5.22 Increased By ▲ 0.03 (0.58%)
CNERGY 4.44 Decreased By ▼ -0.04 (-0.89%)
EFERT 81.32 Increased By ▲ 0.22 (0.27%)
EPCL 49.39 Increased By ▲ 0.38 (0.78%)
FCCL 12.80 Increased By ▲ 0.10 (0.79%)
FFL 5.59 Decreased By ▼ -0.03 (-0.53%)
FLYNG 6.90 Decreased By ▼ -0.03 (-0.43%)
FNEL 4.67 Increased By ▲ 0.02 (0.43%)
GGGL 8.64 Increased By ▲ 0.04 (0.47%)
GGL 14.21 Increased By ▲ 0.06 (0.42%)
HUMNL 5.54 Increased By ▲ 0.05 (0.91%)
KEL 2.63 Increased By ▲ 0.04 (1.54%)
LOTCHEM 28.04 Increased By ▲ 0.33 (1.19%)
MLCF 24.05 Increased By ▲ 0.45 (1.91%)
OGDC 71.13 Decreased By ▼ -0.44 (-0.61%)
PAEL 15.34 Increased By ▲ 0.14 (0.92%)
PIBTL 4.87 Decreased By ▼ -0.04 (-0.81%)
PRL 16.08 Increased By ▲ 0.25 (1.58%)
SILK 1.13 Increased By ▲ 0.08 (7.62%)
TELE 9.07 Increased By ▲ 0.08 (0.89%)
TPL 7.09 Decreased By ▼ -0.07 (-0.98%)
TPLP 19.09 Decreased By ▼ -0.09 (-0.47%)
TREET 21.20 Increased By ▲ 0.06 (0.28%)
TRG 139.80 Increased By ▲ 3.30 (2.42%)
UNITY 16.77 Increased By ▲ 0.01 (0.06%)
WAVES 9.41 Increased By ▲ 0.26 (2.84%)
WTL 1.36 Decreased By ▼ -0.02 (-1.45%)
BR100 4,186 Increased By 30.5 (0.73%)
BR30 15,467 Increased By 131.3 (0.86%)
KSE100 41,819 Increased By 279.4 (0.67%)
KSE30 15,448 Increased By 82.9 (0.54%)
Follow us

ISLAMABAD: Finance Minister Shaukat Tarin said on Monday that the government would provide full facilitation to the Chinese companies in Pakistan to ensure long-term and sustainable foreign investment in the country, which would lead to economic growth, peace, and prosperity for Pakistan.

The finance minister stated this during a meeting with the Chinese Ambassador to Pakistan, Nong Rong.

The finance minister, while extending a warm welcome to the Chinese ambassador, stated that Pakistan and China enjoy a long-term, broad-based, and multi-dimensional relationship.

He also expressed the commitment of the present government to further strengthen economic relations with China, and briefed the Chinese ambassador about the measures introduced in the recent budget for ensuring inclusive and sustained economic growth in the country.

The minister has expressed the hope that not only the Chinese government but the Chinese entrepreneurs would also like to enhance their investment in the field of finance, industry, and agriculture development of Pakistan.

The finance minister and the Chinese ambassador both agreed to take the bilateral relations of both countries to the next level, in order to ensure sustained economic growth.

He also briefed the Chinese ambassador that increase in exports was the top-most priority of the government.

He particularly referred to the budget proposals, which would specifically promote exports in the long run and usher in growth in the economy.

Rong informed about the progress of Chinese investments in the CPEC-related projects, and expressed the desire of the Chinese government to invest more in all sectors to lift the economic standing of Pakistan.

He re-affirmed the commitment of the Chinese government to overcome any obstacle in deepening the bilateral ties between the two countries.

Tarin conveyed full assurance on behalf of the government of Pakistan to extend complete support in enhancing the level of economic cooperation between the two countries.

He stressed upon the need for economic uplift of the entire region and emphasised that Pakistan is willing to play its role in this endeavour.

Both sides agreed to hold regular review meetings to ensure fast track implementation of the ongoing projects.

Copyright Business Recorder, 2021


Comments are closed.

Tarin assures Chinese Ambassador: Govt to provide facilitation to Chinese companies

Schools in Lahore to remain closed three days a week due to smog

Rupee registers marginal decline, settles at 224.16 against US dollar

ECP supports use of electronic voting machines: Chief Election Commissioner

China announces nationwide loosening of Covid restrictions

UNGA adopts Pakistan-piloted resolution to bolster UN’s relief system

Business Confidence Score lowest in Pakistan since Covid: OICCI survey

Japan announces additional $38.9mn for flood victims

One killed as Bangladesh police fire at opposition rally

Oil falls close to 2022 lows on economic worries, easing supply fears

Battered Pakistan seek livelier pitch in 2nd Test against England