Chinese Ambassador in Islamabad, Sun Weidong, on Saturday told Finance Minister Senator Ishaq Dar, that Beijing would help further boost the existing strong and strategic partnership between the two countries. The Ambassador also discussed avenues for enhancing bilateral co-operation in various fields between the two countries.
He appreciated Pakistan's plans for the development projects initiated by the present government and added, "Stronger Pakistan is our strength". The Finance Minister informed the Ambassador about the latest economic indicators and performance of economy during the last one year. He highlighted the measures proposed in the next budget which provides special incentives for foreign direct investment in Pakistan.
He said that the new incentives will attract foreign investors to Pakistan which has huge potential for growth. The Minister appreciated the Chinese contribution for the economic development of Pakistan. As the country is experiencing a gap between power supply and demand, the Finance Minister underlined the importance of on going energy projects which can help tackle the energy shortages. He added that the government has adopted fast track policy for the implementation of the projects started with the Chinese co-operation. He said that these efforts are not only creating attractive opportunities of Chinese investment but new avenues of employment and trade are also opening for the people of Pakistan.
The Ambassador while congratulating the Finance Minister on the economic achievements, the Country has made in the last one year, said that "we have been impressed by his budget speech and presentation." He underlined the importance of Pakistan China economic co-operation and said that the aim of both the governments is to work for pushing ahead our long standing friendship. The meeting was also attended by Ansar Pervez Chairman PAEC, Salman Butt, Attorney General of Pakistan, Dr Waqar Masood, Finance Secretary, Rana Assad Amin, Advisor to the Finance Ministry and senior officials of the Finance Ministry.
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