Home | Register | Login | Help | Forum | Log out
Agencies & Partnership
Company Directory
Our Global Network
About Us
Focus News Industry research Exhibition Regulation & Law Executive Talks
Search:
 
Home > Resources > News > Business > Biz_China
China, Pakistan to establish joint investment company
POSTED: 10:24 a.m. EDT, April 21,2007

China and Pakistan will create a Pakistan-China Joint Investment Company in July, according to a joint statement issued here Friday.

Working links will also be established between the China Investment Promotion Agency and the Pakistan Board of Investment, the statement said.

Pakistani Prime Minister Shaukat Aziz began an official visit to China on Monday. A China-Pakistan Joint Statement was issued on Friday, setting out prospects for bilateral cooperation.

The statement said China will support Chinese firms that invest in Pakistan, particularly in the auto sector, chemicals, fertilizers, light industry, textile, home appliances and machinery.

The two sides agreed to encourage their financial and banking institutions to establish cooperative links, and speed up negotiations on trade in services.

The Free Trade Agreement (FTA) between China and Pakistan on goods will become operational on July 1, 2007.

It was agreed to establish an Electronic Data Interchange (EDI) system to facilitate the development of trade, according to the statement.

The two countries also agreed to cooperate more in the energy and minerals sectors.

From:
Print | Save
RELATED
China hopes Pakistan, India improve ties through dialogue (2007-4-19 11:04:00)
China, Pakistan sign 13 agreements (2007-4-18 9:40:00)
Pakistan clears Iran-Pakistan-India gas sharing arrangement (2007-4-11 10:01:00)
Pakistan intends to import 1,000 MW electricity from Iran (2007-4-9 8:54:00)
Pakistan, India to kick off Siachen talks (2007-4-6 14:43:00)
Chinese company gets 2 petroleum exploration licenses in Pakistan (2007-3-30 8:29:00)
Pakistan to enhance oil production to 100,000 barrels per day (2007-2-28 9:40:00)
Pakistan Asks Philippines to Drop Duty on Import of Float Glass (2007-1-18 11:13:00)
Home - Shipping - Airfreight - Integration - Members - Resources - My Jctrans - Links
About Us - Help - Contact Us - Site Map
嶄猟利
Privacy Policy - Terms of Use
Copyright Notice 2000-2007 Jctrans.com Corporation and its licensors. All rights reserved.