Minister of State and Chairman Board of Investment (BOI) Muhammad Azfar Ahsan on Tuesday said that Pakistan has a young, digitally equipped population and there are immense opportunities for joint investment cooperation between Pakistan and Ethiopia.
The China Pakistan Economic Corridor (CPEC) has witnessed a quantum leap with the signing of the much-anticipated Framework Agreement on Industrial Cooperation during Prime Minister Imran Khan’s recent visit to China.
PESHAWAR: Business community has stressed the need to strengthen bilateral trade and economic relations between Pakistan and the United Arab Emirates (UAE). The businessmen emphasized establishment of business to business contact and launching of joint ventures to further improve bilateral trade and economic relations between two brotherly Islamic countries.
Promises full support to businessmen in setting up industrial units
Azad Kashmir offers plenty of investment opportunities to the businessmen in tourism, mines and minerals, hydel power and other sectors, said Azad Jammu and Kashmir (AJK) Prime Minister Sardar Abdul Qayyum Niazi. Speaking to the business community at the Islamabad Chamber of Commerce and Industry (ICCI) on Saturday, he urged local investors to capitalise on the existing opportunities and promised that his government would fully facilitate them.
Pakistan offers huge investment opportunities in telecom sector with 189 million cellular subscribers, 108 million 3G/4G users
KARACHI: Pakistan's board of investment chief said on Thursday he hopes to see ‘massive’ Saudi investment in the country’s telecom sector following the entry of TAWAL, a leading Saudi Information and Communications Technology (ICT) infrastructure company that is in process of acquiring Pakistan’s AWAL Telecom, an independent phone tower provider.
Advisor for Commerce and Investment Abdul Razak Dawood on Wednesday termed the signing of the Framework Agreement on Industrial Cooperation between Pakistan and China "a breakthrough" for the multi-billion-dollar China-Pakistan Economic Corridor (CPEC), which has entered into its second phase.
Pakistan and China on Friday inked the Framework Agreement on Industrial Cooperation under the CPEC following Prime Minister Imran Khan's arrival in Beijing.
Beijing: 06 Feb 2022 – H.E. Mr. Imran Khan, Prime Minister of the Islamic Republic of Pakistan visited Beijing at the invitation of the Chinese leadership from 3 to 6 February 2022 to attend the opening ceremony of the Winter Olympic Games 2022. During the visit, the Prime Minister held talks with H.E. President Xi Jinping, and H.E. Premier Li Keqiang.
The text of the following joint statement was released on the occasion.
Imran Khan in Beijing describes CPEC as project of “strategic significance”
China and Pakistan on Friday signed a new agreement on industrial cooperation as part of the China Pakistan Economic Corridor (CPEC) plan during Prime Minister Imran Khan’s on-going visit to Beijing.
The agreement on Friday followed Mr. Khan’s meeting with He Lifeng, Chairman of China’s National Development and Reform Commission (NDRC).
KARACHI: For boosting the flow of home remittances through formal channels and improving foreign exchange liquidity in the interbank market, the State Bank of Pakistan (SBP) on Friday unveiled an incentives scheme for the exchange companies (ECs).
“Under the scheme, ECs will be required to surrender 100pc of the home remittances mobilised in the interbank market, and in return, they will receive Re1 against each US dollar surrendered,” said the SBP.
BEIJING: Pakistan and China trade was significantly higher last year and Pakistan’s export of Sesamum seeds to China achieved a historical figure of $120.44 million in the year 2021.
China imported 92516.55 tons in 2021 and was one of the main destinations for Sesamum seeds exports from Pakistan, while in 2020 it was only 38000 kilograms, according to the official data from the General Administration of Customs of the People’s Republic of China (GACC).