Prime Minister Imran Khan has launched the Pak-China Business Investment Forum. The forum aims to enhance information exchange, promote communication between the two countries’ businesses, and open new opportunities for cooperation. The forum has been formed with the collaboration of 18 Chinese and 19 Pakistani companies, including the Pakistan board of investment, to promote sustainable investment, export industry and development of modern technology in Pakistan. This initiative will also generate business opportunities and boost industrialisation in the country.
Pakistan has shared long and strong beneficial ties with China for 70 years. The China-Pakistan Economic Corridor (CPEC) has made this relationship even stronger. China has invested in several other development projects in Pakistan, including energy projects, infrastructure development, industrialisation, and the expansion and improvement of Gwadar port. These development projects have opened Pakistan’s rebalancing options from geopolitics to geo-economics.
However, this joint business investment forum will provide ample opportunities for foreign investors to invest with 100% equity or joint ventures in various fields as repatriation of investment and profit has been allowed with legal protection. These foreign investments will decrease the burden of loans and promote prosperity in the region by improving business to business cooperation. It will also bring a rise in the economic wealth of Pakistan, increasing its rank within the world indexes of prosperity and success.
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