While terming Chinese Prime Minister’s visit to Pakistan a grand opportunity to put economy back on rails, Pakistan Industrial and Traders Associations Front says that business community morale got a new boost as signing of economic agreement would bring two sides more close

Lahore, May 23, 2013 (PPI-OT): While terming the Chinese Prime Minister’s visit to Pakistan, a great and grand opportunity to put economy back on rails, Pakistan Industrial and Traders Associations Front (PIAF) has said that the business community morale got a new boost as signing of economic agreement would bring two sides more close.

In statement Issued here, the PIAF Chairman Malik Tahir Javed and Seniot Vice Chairman Khamis Saeed Butt said that although the bilateral economic relations between Pakistan and China were already growing at desired pace but the Chinese Prime Minister had further accelerated the process. They said that the agreement of energy would help overcome the electricity crisis the country has been facing for the last many years.

They however, called for measures on war footing for the execution these agreements. The PIAF leaders said that the energy crisis have particularly destroyed industrial productions to the extent and a large number of industrial units had already shifted to other countries but the Pak-China agreements would help bring back investment to this land of opportunities. They said that Gawadar Port is a bright example of Pak-China relation and in future both the countries would be able to fell their presence felt at the international scene.

The PIAF leaders said that hundreds of Chinese companies were already doing a great business in Pakistan that is a gateway to landlocked Central Asian Estates. They said that the business community has welcomed the initiatives of the Chinese Premier and would continue to the extend every cooperation to the government for strengthening the bilateral relations.

For more information, Contact:
Khalil-ur-Rehman
Pakistan Industrial and Traders Associations Front
110/s Kot Lakhpat Industrial Estate
Lahore, Pakistan
Phone: (92) 42 5123522
Fax: (92) 42 5123522
Email: Info@piaf.pk

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