"Prime Minister Shehbaz Sharif Pledges Unwavering Support and Security for Chinese Nationals and Investors in Pakistan"
Highlighting the government's commitment to safeguarding Chinese citizens and investors, Prime Minister Shehbaz Sharif addressed the China Pakistan Business Forum in Shenzhen. Emphasizing the measures taken post the tragic incident in Bisham, he assured comprehensive security arrangements for all Chinese nationals across Pakistan. Commending China's progress under President Xi Jinping's leadership, Sharif expressed determination to replicate economic transformation in Pakistan.
Pointing out Pakistan's vast mineral resources valued at approximately ten trillion dollars, he underscored the potential for export growth, especially in mining sectors. Promising full support to Pakistani businesses engaging in partnerships with Chinese counterparts, he urged serious discussions for joint ventures in textiles, leather, steel, and engineering. Deputy Prime Minister and Foreign Minister Ishaq Dar assured expedited facilitation for Chinese companies establishing businesses in Pakistan, citing the establishment of a Special Investment Facilitation Council.
Finance Minister Muhammad Aurangzeb outlined positive macroeconomic indicators and emphasized the government's focus on sectors like information technology and agriculture for future growth. Highlighting fiscal discipline, stable currency, and foreign reserves, Aurangzeb reaffirmed the commitment to providing a conducive policy framework for foreign investment and pursuing SOE reforms and privatization. He outlined the "Road to Market" approach focusing on export-led growth, foreign direct investment, and access to international capital markets, with plans for Pakistan's inaugural Panda Bond to attract Chinese investment.
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