Sport
SCO’s future
字号+ Author: Source:Sport 2025-01-15 23:44:04 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 strikes on Lebanon kill 92 in a day, bringing week’s toll to over 700: ministry
2025-01-15 21:53
-
Israeli strike kills seven in Gaza school compound, Palestinian medics say
2025-01-15 21:46
-
Three suspects in murder case granted bail
2025-01-15 21:43
-
‘Kickbacks’ reference: NAB wants charges framed against Parvez Elahi
2025-01-15 21:24
User Reviews
Recommended Reads
Hot Information
- FO letter belies KP govt’s claim on foreign diplomats’ Swat visit
- Marseille stun Lyon with 95th-minute winner
- China pushes back against ‘condoning of military adventurism’ in Lebanon
- Pope criticised over his stance on women’s role
- Power of the powerless
- Juventus return to top with Vlahovic double at Genoa
- AKU awards for Dawn.com journalists
- Return ticket with same airline must for some destinations
- Turkiye’s Erdogan says UN, Western values dying in Gaza
Abont US
Follow our WhatasApp account to stay updated with the latest exciting content