The Punjab government and China’s industrial city of Yantie signed two Memoranda of Understanding (MoUs).
Punjab Chief Minister Shahbaz Sharif was the chief guest on the occasion. Under the agreement made between Yantai Chamber of Commerce and Industry and Punjab Industrial Estate Development and Management Company (PIEDMC), industrial estates and parks will be constructed in Punjab with the collaboration of Yantie CCI.
Additionally, joint seminars and conferences will be held for enhancing trade activities.
Under the second MoU, Lahore and Yantie have been declared twin cities and trade, cultural and business activities will be promoted between the two cities.
Published in The Express Tribune, September 26th, 2014.
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