Chinese companies should get full benefit of B2B agreements under CPEC projects: Pakistan PM

• Phase 2 of China Pakistan Economic Corridor CPEC will start soon, “Chinese companies should get full benefit of B2B agreements under CPEC projects” says Pakistan PM

• Prime Minister Shehbaz Sharif meets representatives of foreign business companies working in Pakistan, including Chinese businesspersons.

• Chinese investors are visiting Pakistan to identify new business ventures in various fields: PM
•  Pakistan-China to bolster cooperation under CPEC in diverse sectors including agriculture, mines and minerals, information technology and infrastructure.

By: Muhammad Arif, Editor NSN.Asia

Karachi: The phase 2 of China Pakistan Economic Corridor CPEC will start soon, and will be based on Business-to-Business (B2B) arrangements in the fields of agriculture, information technology besides others, said Prime Minister Shehbaz Sharif while addressing a meeting with the representatives of foreign business companies working in Pakistan, including a large number of Chinese businesspersons.

“Chinese companies should get full benefit of B2B agreements under the CPEC projects, focusing on modern agriculture, green economy, food security, and digital technology”, said Prime Minister encouraging the representatives of various Chinese companies doing business in Pakistan.

After his recent visit to China, Prime Minister has emphasized the need to bolster Pak-China friendship in diverse sectors including agriculture, mines and minerals, information technology and infrastructure.

Terming Pak-China friendship higher than Himalayas and touching new heights with the development of CPEC, he said it is a welcoming sign that such a large number of Chinese investors are visiting Pakistan to identify new business ventures in various fields.

Reflecting on role of agriculture sector in national economy of Pakistan, Shehbaz Sharif said the Pakistan’s economy relies largely on agriculture and it is time that we exploit this sector to its full potential and start new ventures in value added services.

“our sixty percent population resides in rural areas and earns their living through various facets of the agriculture sector which need to be modernized and enhanced”, he added.

Referencing his recent visit to the Chinese Agriculture and Research Centre, the Prime Minister said he was awestruck by the size and capacity of the centre.

He informed that the government has decided to send one thousand Pakistani students to attend refresher courses in agriculture and learn modern techniques and practices.

“we are aiming to increase our agriculture export to an additional seven billion dollars”, PM said.

“China can be our great partner in this venture and we believe this target can be achieved if both the countries work together and assist each other”, PM emphasized.