China wants to invest more in all sectors to lift Pakistani economy: Chinese Ambassador
Islamabad: Iron Brother China wants to invest more in all sectors to lift the economic standing of Pakistan, Chinese Ambassador to Pakistan Nong Rong said.
In a meeting with Pakistani Finance Minister Shaukat Tarin, the envoy re-affirmed the commitment of Chinese Government to overcome any obstacle in deepening the bilateral ties between the two countries.
“The Chinese Government wants to invest more in all sectors to lift the economic standing of Pakistan,” Ambassador Rong was quoted as saying in an official statement.
Nong Rong informed the minister about the progress of Chinese investments in the China-Pakistan Economic Corridor (CPEC) related projects.
He expressed the desire of the Chinese Government to make more investments in Pakistan.
Federal Minister for Finance conveyed full assurance on behalf of the Government of Pakistan to extend complete support in enhancing the level of economic cooperation between the two brotherly countries.
He stated that Government of Pakistan 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 Minister for Finance stressed upon the need for economic uplift of the entire region and emphasized that Pakistan was willing to play its role in this endeavor. Both sides agreed to hold regular review meetings to ensure fast track implementation of ongoing projects.
He said Pakistan and China enjoyed long-term, broad based and multi-dimensional relationship.
The Federal Minister expressed the commitment of the present government to further strengthen economic relations with China.
He briefed the Chinese Ambassador about the measures introduced in the recent budget for ensuring inclusive and sustained economic growth in the country.
The Minister expressed the hope that not only 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 Chinese Ambassador both agreed to take the bilateral relations of both countries to next level in order to ensure sustained economic growth.
The Federal Minister for Finance briefed the Chines 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.
