Signing of agreement in China Chamber and Pakistan Textiles

Caretaker Commerce Minister Gauhar Ijaz says that Chinese President Xi Jinping’s BRI vision is being pushed forward, bringing business people from both countries together.

Caretaker Commerce Minister Gohar Ijaz signed an agreement between China Chamber of Commerce (CCCME) and All Pakistan Textile Mills Association (APTMA) during his visit to China along with a Pakistani business delegation.

Officials of the Ministry of Commerce say that the Minister of Commerce participated in the China Pakistan Textile Summit, during which it was agreed to start joint ventures in other sectors including textiles.

According to officials, Chinese industrialists will increase trade with Pakistan, business-to-business meetings were held between the Pakistani delegation and Chinese industrialists.

Gohar Ejaz says that President Xi Jinping’s BRI vision is being carried forward, the Chinese President has given a unique gift of CPEC to Pakistan, bringing businessmen from both countries together.

The caretaker minister of commerce says that the textile industry of China and Pakistan consists of 350 billion dollars, China’s technology will be transferred to special economic zones in Pakistan.

He also said that Chinese investors can take advantage of GSP Plus by increasing exports from Pakistan and Chinese exporters can export from Pakistan to GCC and Africa.