LCCI: Trade with China to touch $15b
Although Pakistan’s exports to China have gradually been increasing, the trade has always been in favour of China
LAHORE:
Lahore Chamber of Commerce and Industry (LCCI) President Sheikh Muhammad Arshad said that China is one of the largest trading partners of Pakistan and it is expected that bilateral trade between Pakistan and China will touch the figure of $15 billion within the next few years. Although Pakistan’s exports to China have gradually been increasing, the trade has always been in favour of China. Additionally, LCCI Vice President Nasir Saeed invited the Chinese businessmen to invest in Pakistan. Because of its strategic location, he said, Pakistan could be a suitable destination for Chinese investments. Pakistan is offering liberal investment policies allowing 100% foreign equity and equal treatment to local and foreign investors. Saeed added that Pakistan has a network of export processing zones and industrial estates ready to accommodate Chinese investors.
Published in The Express Tribune, November 19th, 2015.
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