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Pak Prez visit to China will consolidate trade relations

15 Feb '06
2 min read

Number of steps have been taken by the two countries to increase trade during past three years, among them being the signing of Early Harvest Programme (EHP) which will increase trade volume to about $8 billion by 2008.

Free Trade Agreement (FTA) negotiations would strengthen bilateral trade relations, said Xu Changwen, a trade researcher at the Chinese Academy of International Trade and Economic Co-operation.

Pakistan's stable economic growth will attract more Chinese investments, said Pakistan's Ambassador to China Salman Bashir.

Commercial Counsellor at Pakistan embassy Shahid Mahmood advised Pakistani businessmen to focus on value-added textile products, cotton fabrics, manmade fabric, home textile and towels.

Chinese commerce ministry suggested that Pakistani businessmen can attract more business by establishing their offices in major cities of China as Shanghai, Guangzhou, Urumqi and Shenzen.

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