Pak-China Business Opportunity Conference to be held next week: Khurram

ISLAMABAD (Staff Report) - Minister for Commerce Khurram Dastagir Khan said on Thursday that Pakistan China Business Opportunity Conference will be held here next week to further invigorate the trade and business relations between the two friendly countries.

"The ministry of commerce is hosting a day long Pak-China Business Opportunity Conference to exploit business opportunities being offered for Chinese investors in Pakistan," he told media in an exclusive interview.

The Chinese business delegation will also visit Lahore and then go to Karachi to meet the Chief Ministers of Punjab and Sindh and discuss business opportunities in their respective provinces.

The Minister said during the conference, the senior officials of Pakistan will share five principal good news with the visiting participants that Pakistan has politically stabilized and it is a peaceful country for all the investors including Chinese businessmen.

Pakistan, he said, has achieved macro economic stability as it has sufficient foreign exchange reserves to meet its international obligations.

Pakistan, he said, has grappled with the energy crisis of electricity and natural gas, adding, under China-Pakistan Economic Corridor (CPEC), there will be an investment of US$ 35 billion in energy sector only. He said first Liquified Natural Gas (LNG) terminal is already operational while the second terminal will soon be set up to import large scale gas aimed at bringing growth to the industry and relief to the consumers.