MONITORING REPORT LHR: Masood Khalid, Ambassador of Pakistan to China, has said that Chinese companies can team up with their Pakistani counterparts to develop agriculture sector for the food security of the two countries.
He said this while speaking at the China-Pakistan Trade and Investment Symposium recently held at Pakistan embassy in Beijing.
The event was aimed at enabling participants from Pakistani business and investment community to interact with their Chinese counterparts to expand mutual cooperation and investment, explore opportunities and promote trade contacts.
On this occasion, a framework memorandum of cooperation between Beijing Zhubang Commercial Center, Beijing International Economic and Trade Development Association and PBIT was also signed.
The Ambassador urged the Chinese business community to explore Pakistans vast market potential.
Song Jianming, Deputy Director General of Beijing Municipal Commission of Commerce said the trade volume between Pakistan and China for 2014 was very encouraging.
Beijings exports to Pakistan included mobile phones, heat exchange equipment and steel, while Chinas import from Pakistan mainly focused on textile yarn, agricultural products and unwrought copper and copper products.
Pakistani enterprises and trade delegations will participate in upcoming Canton Fair, Imported Commodities Shopping Festival and an ecommerce seminar.