Sport
Citizens chose economic policies over politics of chaos, says PM Shehbaz
字号+ Author: Source:Game 2025-01-15 18:33:02 I want to comment(0)
Federal Minister for Petroleum Dr Musadik Malik on Friday invited Chinese enterprises to invest in P
Federal Minister for Petroleum Dr Musadik Malik on Friday invited Chinese enterprises to invest in Pakistan’s energy and petroleum sectors, a statement from the petroleum ministry said. Malik’s statement came during an economic and trade event on the sidelines of the 8th Silk Road International Expo currently taking place in China. “Top companies from Pakistan specialising in upstream, midstream, and downstream petroleum and coal companies are looking to work with Shaanxi Companies to collaborate through investment, joint ventures, and technology transfer said a news release received here,” Malik said. He added that it was a part of Pakistan’s broader effort to attract foreign direct investment to bolster infrastructure and energy production which are crucial areas for the country’s socioeconomic development. He also emphasised efforts to deepen provincial-level cooperation, focusing on enhancing business-to-business (B2B) linkages across sectors such as mining, petroleum and energy, and technology. The petroleum minister said that the expo was not just “a celebration of trade and investment” but also “a celebration of the spirit of cooperation that defines the relationship between Pakistan and China”. He added that the infrastructure projects of (BRI) — said to be worth $65 billion — and the (CPEC) were platforms for peace, prosperity, and development for the entire world. The minister reaffirmed Pakistan’s commitment to to create shared growth, sustainable development, and enduring friendship for beneficial cooperation. Malik said that the Xian and Shaanxi provinces were significant starting points of the ancient Silk Road and the BRI. The minister added that Pakistan’s participation in the expo was a tangible follow-up to the visit of Prime Minister Shehbaz Sharif to Xian earlier this year. “Our long-standing friendship and strategic partnership is forged in a high degree of mutual trust, mutual benefit, and mutual support,” the minister said. He added, “We are resolved to further our ironclad relationship with China in energy, economy, investment, trade and other areas.” While appreciating the strong and expanding partnership between Pakistan and China, the minister emphasised the importance of bilateral economic cooperation, particularly of the CPEC, which remains central to Pakistan’s growth strategy.
1.This site adheres to industry standards, and any reposted articles will clearly indicate the author and source;
Related Articles
-
Israeli airstrikes kill at least 37 in Gaza, Palestinian medics say
2025-01-15 17:49
-
Hospitals directed to allocate more beds for dengue patients
2025-01-15 17:19
-
MDCAT controversy
2025-01-15 16:55
-
From The Past Pages Of Dawn: 1974: Fifty Years Ago: Sporting offer
2025-01-15 16:06
User Reviews
Recommended Reads
Hot Information
- Macron says Israel’s Gaza offensive has ‘gone on too long’
- Global situation to become ‘very tense’ if Gaza conflict lingers on, warns PM Shehbaz
- Trade with Afghanistan via Torkham slowly resumes
- Bara village councillors launch fumigation
- Ample water availability boosts Rabi crop outlook
- Defendant in French mass rape trial says ‘couldn’t control sexuality’
- Two robbers killed, four cops injured in shoot-out
- Israeli military says it killed senior Hezbollah figure Nabil Kaouk
- Deceased woman’s family block Peshawar Road
Abont US
Follow our WhatasApp account to stay updated with the latest exciting content