Game
Over 100 Lebanese killed in Israeli strikes in a day: ministry
字号+ Author: Source:Sport 2025-01-16 08:54:31 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
-
Walking on the Moon in Cologne: Europe’s lunar life simulator
2025-01-16 08:35
-
Teachers observe token strike
2025-01-16 08:09
-
Saudi Arabia forms coalition to push for Palestinian statehood
2025-01-16 06:41
-
Russian city declares ‘emergency’ after Ukraine attack
2025-01-16 06:35
User Reviews
Recommended Reads
Hot Information
- World News Day
- Manipur on high alert after ‘influx of 900 Kukis’ from Myanmar
- US unwilling to use military aid as leverage for Lebanon ceasefire as Israel secures new package
- Lahore cop snatches cash from man at picket, shoots at his brother
- ATF officer martyred in Zhob attack
- Two robbers killed, four cops injured in shoot-out
- PHC chief justice pays surprise visit to Mohmand courts
- Diplomat hopeful more Italian firms will arrive in Pakistan
- Unethical practices
Abont US
Follow our WhatasApp account to stay updated with the latest exciting content