Pak-China Business Investment Forum: A step towards better business and communication

Pak-China Business Investment Forum: A step towards better business and communication

On Monday, PM Imran Khan launched the Pak-China Business Investment Forum that aimed at enhancing information exchange and promoting communication between businesses of the two countries, thereby opening up new chances of cooperation.

The forum consists of 18 Chinese and 19 Pakistani companies and its objective is to promote sustainable investment, export industry, and development of modern technology in Pakistan.

The forum has been formed with the collaboration of the Board of Investment Pakistan and All Pakistan Chinese Enterprises.

Addressing its launching ceremony in Islamabad, the prime minister rued that smaller countries were faring much better than Pakistan in exports.

“It is very painful for us. How can a country progress if it’s not into exports?”

The prime minister said he was often given feedback from foreign investors about the cumbersome process of investment materialization in Pakistan.

“It takes a lot of time from an agreement to its implementation here, and the time is money for investors. He will turn away if no measures are taken for his facilitation.”

PM Imran noted that planning was afoot with the Board of Investment to address the problem. He informed that the government was now focused to undertake industrialization and increase its exports.

Source Dawn