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The Pakistan-China Joint Chamber of Commerce and Industry (PCJCCI) has entered into a long-term collaboration with the Sichuan International Chamber of Commerce for setting up of Pakistan-Chengdu Economic Trade Centre. A memorandum of understanding has been signed between the two organizations during the visit of PCJCCI delegation to China. PCJCCI President SM Naveed and Sichuan International Chamber of Commerce President Ma Zhijun signed the MoU on behalf of their respective organizations.
According to the PCJCCI spokesperson, the MoU is aimed at creating joint business activities between the two countries, especially establishment of special economic zones in Pakistan under the CPEC project. Naveed hoped that the MoU would further promote trade relations between the two sides. The Pakistan-Chengdu Economic and Trade Centre would prove to be a strong organ in promoting economic, commercial, financial and industrial collaboration between Pakistan and the Western China. He hoped that the Centre would play a significant role in introducing Pakistani citizens to the vast and alluring areas of Western China. On the other hand, it will also help Pakistani businessmen by providing them a platform for consultancy services, accommodation, catering in Western region of China, he said. The development of tourism industry could do wonders for Pakistan's economy besides projecting soft image of the country at global level, he added.

Copyright Business Recorder, 2018

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