ISLAMABAD: The Ambassador of People’s Republic of China to Pakistan, Yao Jing Saturday called on the Advisor to the Prime Minister on Commerce and Investment, Abdul Razak Dawood to discuss the opening of Khunjarab border as well as strategies to exploit bilateral trade and investment opportunities in the wake of corona pandemic.
During the meeting, Razak Dawood informed the Ambassador that around 186 containers were stuck at the Khunjrab border which is a cause of great concern especially among small businesses.
The Ambassador apprised the Advisor that temporary opening of the border is under consideration in order to clear the backlog of containers.
Both sides agreed to finalize the modalities in this regard to resolve the issue on priority.
Both sides need to sit together again and discuss issues related to bilateral trade with efforts to further diversify the products being exported from Pakistan, with a specific focus on value-addition, under phase II of the China Pakistan Free Trade Agreement, he added, The Chinese Ambassador discussed some proposals for Joint Ventures between Chinese and Pakistani companies, particularly in value added agriculture sector.
The opportunities and ongoing projects of CPEC were also discussed during the meeting. The Advisor Commerce emphasized the need to start the industrial activity through development of Special Economic Zones.
The Ambassador gave a brief overview of plans to enhance bilateral trade and investment.
The Chinese Ambassador appreciated the role and efforts of the Advisor in that regard.