KARACHI, June 30 (APP)- Pak-China Business Forum was held in Kashgar, China on June 29, 2011, in connection with 60th year of friendship between the two countries, to attract trade and investment from China to Pakistan. According to information reaching TDAP here Thursday, the Forum was organized jointly by TDAP, the Embassy of Pakistan in Beijing and the China Council for Promotion of International Trade (CCPIT).
Chief Executive TDAP Tariq Iqbal Puri, who is leading a large trade delegation of 150 Pakistani exhibitors and prominent businessmen to participate in a week-long event, which includes display of products in the Kashgar Fair, organizing the Forum and arranging business to business meetings.
Addressing the Business Forum, Tariq Puri said that Kashgar is ideally located to become a hub for trade, logistics and tourism between Pakistan and China.
He appreciated the offer of the Chinese government for setting up a one square kilometer zone (to be extended to 2 km) in the newly created Special Economic Zone and said that with the creation of the SEZ Kashgar it would become the Shenzhen of the West, providing great opportunities for the businessmen of both countries.
He pointed out that the 2nd round of free trade agreement (FTA) negotiations were underway and he was ensuring that the advantages of FTA would be utilized in the Xinjiang and Kashgar.
China’s public and private sector is currently involved in over 250 projects in Pakistan from mega to minor and from strategic to ordinary businesses.
Puri informed the participants that TDAP has declared China as the “focus country” for its trade initiatives in 2011-2012 and plans to participate in more than 20 fairs in China as part of Pakistan-China 60 year of establishment of diplomatic relations.
Through this outreach program, it intends to access all the different regions of China to introduce Pakistan as country which can be relied for its quality and competitive offerings in various sectors like textiles, leather, fisheries, food products, marble and minerals.
He said that Pakistan’s endeavors have resulted in taking bilateral trade levels to $ 8.6 billion in 2010, showing a growth of 28%.
Pakistan’s exports exceeded $ 1.7 billion showing a growth of 37%. He extended invitation to Chinese and South Asian businessmen to visit EXPO Pakistan in October (20-23) this year. TDAP offered to host a Pakistan China Entrepreneurs Forum during the EXPO.
The Forum was addressed by the Vice Commissioner of Kashgar Prefecture, the Ambassador of Pakistan in China Masood Khan, the Chief Secretary of Northern Areas Saifullah Chattha, former Ambassador to China, Akram Zaki and past President of SAARC Chamber of Commerce, Tariq Sayeed, who highlighted the importance of Kashgar as a link between China and Pakistan and also with the rest of Central Asia.
The officials of Department of Kashgar Prefecture, including Customs, Immigration, Inspection and Quarantine and Taxation Departments participated in the event. It was also attended by 50 biggest importers in Kasghar region and more than 50 businessmen from Pakistan.
Addressing the Business Forum, Tariq Puri said that Kashgar is ideally located to become a hub for trade, logistics and tourism between Pakistan and China.
He appreciated the offer of the Chinese government for setting up a one square kilometer zone (to be extended to 2 km) in the newly created Special Economic Zone and said that with the creation of the SEZ Kashgar it would become the Shenzhen of the West, providing great opportunities for the businessmen of both countries.
He pointed out that the 2nd round of free trade agreement (FTA) negotiations were underway and he was ensuring that the advantages of FTA would be utilized in the Xinjiang and Kashgar.
China’s public and private sector is currently involved in over 250 projects in Pakistan from mega to minor and from strategic to ordinary businesses.
Puri informed the participants that TDAP has declared China as the “focus country” for its trade initiatives in 2011-2012 and plans to participate in more than 20 fairs in China as part of Pakistan-China 60 year of establishment of diplomatic relations.
Through this outreach program, it intends to access all the different regions of China to introduce Pakistan as country which can be relied for its quality and competitive offerings in various sectors like textiles, leather, fisheries, food products, marble and minerals.
He said that Pakistan’s endeavors have resulted in taking bilateral trade levels to $ 8.6 billion in 2010, showing a growth of 28%.
Pakistan’s exports exceeded $ 1.7 billion showing a growth of 37%. He extended invitation to Chinese and South Asian businessmen to visit EXPO Pakistan in October (20-23) this year. TDAP offered to host a Pakistan China Entrepreneurs Forum during the EXPO.
The Forum was addressed by the Vice Commissioner of Kashgar Prefecture, the Ambassador of Pakistan in China Masood Khan, the Chief Secretary of Northern Areas Saifullah Chattha, former Ambassador to China, Akram Zaki and past President of SAARC Chamber of Commerce, Tariq Sayeed, who highlighted the importance of Kashgar as a link between China and Pakistan and also with the rest of Central Asia.
The officials of Department of Kashgar Prefecture, including Customs, Immigration, Inspection and Quarantine and Taxation Departments participated in the event. It was also attended by 50 biggest importers in Kasghar region and more than 50 businessmen from Pakistan.
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