Sichuan-Punjab business platform to be set up soon

Pakistan’s dairy product exports expected to reach $10 billion


May 18, 2023
photo: file

CHENGDU:

A platform will be set up soon between Sichuan and Punjab to connect the business community of the two places, announced Pakistan’s Ambassador to China Moinul Haque and invited China’s private sector to become part of the new platform.

The ambassador made the remarks recently in a meeting with entrepreneurs from 50 enterprises in Sichuan and Chongqing areas at the China-Pakistan Economic and Cultural Exchange Incubation Centre in Chengdu.

Commercial Counsellor Ghulam Qadir also attended the meeting and highlighted the progress and potential of Pakistan-China cooperation.

“Agriculture is a key area. We are very strong in this sector. I would like to share with you that the protocol for exporting Pakistan’s dairy products is very near to completion. It will open a market of $10 billion,” he said.

“Another related sector is meat. We are all set to export Pakistani beef for the first time to China in less than a month,” Qadir said, adding that the protocol on red pepper and other products would also be approved.

For example, the first batch of cherry buyers from 18 Chinese enterprises has arrived in Pakistan.

He told the China Economic Net that China had 30 million Muslims with great demand for halal food and its beef price was almost three times higher compared to the price in Pakistan. After his speech, some entrepreneurs sought contacts of Pakistani beef exporters.

Pakistan-Sichuan Chamber of Commerce Chairman Li Hongwu said that they had been trying to bring Pakistani beef to Chengdu for more than four years.

“It’s great to know that the channel has been finally opened. I think the future commercial cooperation between Sichuan and Pakistan will be more and more smooth,” he voiced hope.

“We are going to hold an international food and agriculture expo in August in Karachi. We hope to take more than 50 companies from Chengdu to participate in it,” Qadir revealed.

Apart from agriculture, Pakistan was also interested in new technologies, Qadir said while talking to a drone manufacturer.

“Drone is a new industry. Pakistan has a lot of related cooperation with China already, especially in the defence sector. We will like more cooperation for civil use.”

THE ARTICLE ORIGINALLY APPEARED ON THE CHINA ECONOMIC NET

 

Published in The Express Tribune, May 18th, 2023.

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