Economic progress of China is role model for Pakistan: Rauf
ISLAMABAD: The Chinese economy is rapidly progressing and their economic reforms are role model for Pakistan whereas Pak-China bilateral trade will further enhance by signing FTA, this was stated by Abdul Rauf President Islamabad Chamber of Commerce and Industry while presiding a meeting here in Chamber House on Wednesday.
He said that in the current international trade scenario, regional trade agreements are signed and implemented including European Union, ASEAN and SAFTA, considering the importance of FTAs negotiation on the Free Trade Agreement between Pakistan and China is in last session.
He said that China is trustworthy economic partner and friend of Pakistan. Chinese economy is fastest growing economy sweating the developed economies of the world and currently China is dominating the international market; Pakistani entrepreneurs should also follow the economic reforms of China, he said.
China has invested in Pakistan in various mega projects including Gawadar Port, Chashma Nuclear Plant, Mashaq jet making, Tank Rebuild Factory, Heavy Mechanical Factory and Sandak, he informed. ICCI Chief said that Pak-China link road remains blocked for three months in a year affecting the bilateral trade, this route needs to be upgraded.
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