Friday, September 17, 2021

Chinese firms confident in Pakistan after meeting with PM Khan - Global Times

Last updated Tuesday, September 14, 2021 10:02 ET , Source: TopWireNews

Several Chinese business leaders on Tuesday expressed increased confidence in their operations in Pakistan after attending a meeting with Prime Minister Imran Khan of Pakistan on Monday that was aimed at addressing Chinese firms' concerns regarding policy support and security after recent terrorist attacks.
During the meeting with a delegation of Chinese business leaders, Khan vowed to chair a monthly self-review meeting to address their concerns, according to local media, sending a strong signal that the Pakistani government attaches great importance to Chinese companies.
Zhang Shilu, general manager of Zhengbang Agriculture Pakistan (Pvt) Limited, who attended the meeting, told the Global Times on Tuesday that the meeting was held in response to concerns that have gripped Chinese investors.
"Chinese enterprises encountered some difficulties in doing business in Pakistan and we expressed our expectations to the Pakistani Prime Minister, who showed that Pakistan attaches great importance to the development of Chinese enterprises in Pakistan. It greatly increases the confidence of Chinese enterprises," Zhang said.
He added that at the investment meeting, representatives of Chinese enterprises voiced their hopes that Pakistan could introduce an industrial park management committee - a common practice in China - to simplify approval processes.
Zhengbang Agriculture currently produces pesticides, including insecticides, fungicides, and herbicides and fertilizers in Pakistan,...

Read Full Story: https://www.globaltimes.cn/page/202109/1234278.shtml

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