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Pakistani, Chinese traders hold B2B meetings at PCJCCI

Sarfraz Ali 06:07 PM | 28 Feb, 2018
Pakistani, Chinese traders hold B2B meetings at PCJCCI
LAHORE – The Pakistan China Joint Chamber of Industry and Commerce (PCJCCI) on Wednesday organised business-to-business meetings of 31 high profile members and multi-sector Chinese trade delegation with Pakistani investors, and entrepreneurs.

The delegation was headed by Ms Teng Shuang, Deputy Minister China Council for the Promotion of International Trade Jinan.

The delegation came with a purpose to hold interactive B2B meetings with potential partners in Pakistan. The area of interest was mainly Auto Parts manufacturing sector including; Electrical accessories, electrical equipment, sheet metal processing, fiber laser cutting machine and precision machinery along with many other.

The head of the delegation, Ms Teng Shuang invited the PCJCI members to Jinan and extended her precious regards and offer to fully cooperate with the Pakistani officials. The B2B meetings were exclusively arranged by the members of PCJCCI to increase the scope of trade and investment in the above-mentioned areas.

The delegation was warmly welcomed by Dr Iqbal Qureshi, Senior Vice President of PCJCCI. In the interest of promoting bilateral trade facilities between China and Pakistan, Dr Qureshi expressed an utmost aspiration to make these business engagements purposive and productive for the businessmen of both countries.

Conveying his thoughtful approach as an economic analyst, Qureshi said that the “Pak China Joint Chamber of Commerce and Industry is highly grateful to the Chinese officials for being amazingly supportive and concerned about the business development of both countries”.

“China has been an incredible support of Pakistan at all times. Beijing’s constant assistance will do wonders for the emerging economic status of Pakistan and these B2B meetings will certainly have a positive impact on the business community.”

The meeting included various dignitaries including Mr Sohail Qadri, from Punjab Board of Investment, who talked about the investment policies for boosting the ongoing economic activities in Pakistan. Qadri also brought to notice the importance of CPEC in his conversation with high profile delegates from various industries and showed his honest hopes for the industrial boom of both nations.

The PCJCCI invited topmost auto parts manufacturing Pakistani companies to represent the auto industry of Pakistan before Chinese Investors. Among those companies were Suzuki Master Motor, Toyota Airport Motor, Ruba Automotive, Roshan Packages, Guard Agricultures and Novamed Pharmaceuticals etc. The meetings were held successfully between the investors and facilitators. The Chinese entrepreneurs highly appreciated the arrangements being done by PCJCCI and they were also satisfied with the positive response of the companies during the meeting.

It was observed that counselling with Chinese business community is mandatory to increase the quantum of trade and investment opportunities in Pakistan.

Sarfraz Ali
Sarfraz Ali

Sarfraz Ali is working as Editor Web for Daily Pakistan. He earned a postgraduate degree in Mass Communication from IUB and diploma in International Print Journalism from Thomson Foundation UK. He regularly writes on ...

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KARACHI - Following are the foreign currency exchange rates for US Dollar, Saudi Riyal, UK Pound Sterling, U.A.E. Dirham, European Euro, and other foreign currencies in Pakistan open market on February 8, 2023 (Wednesday).

Source: Forex Association of Pakistan. (last update 09:00 AM)

Currency Symbol Buying Selling
US Dollar ‎USD 276.9 280.15
Euro EUR 296.12 296.74
UK Pound Sterling GBP 331.78 332.48
U.A.E Dirham AED 75.06 75.36
Saudi Riyal SAR 73.48 73.79
Australian Dollar AUD 190.31 192.71
Bahrain Dinar BHD 732.23 740.23
Canadian Dollar CAD 205.22 207.42
China Yuan CNY 40.72 41.12
Danish Krone DKK 39.92 40.32
Hong Kong Dollar HKD 35.08 35.45
Indian Rupee INR 3.35 3.46
Japanese Yen JPY 2.5 2.54
Kuwaiti Dinar KWD 900.32 909.32
Malaysian Ringgit MYR 64.65 65.25
New Zealand Dollar NZD 174.19 176.18
Norwegians Krone NOK 27.12 27.41
Omani Riyal OMR 715.11 723.11
Qatari Riyal ‎QAR 75.64 76.34
Singapore Dollar SGD 208.03 210.03
Swedish Korona SEK 26.1 26.4
Swiss Franc CHF 297.31 299.81
Thai Bhat THB 8.25 8.4

KARACHI – Gold prices fell on Wednesday for the third straight day in local markets, after hitting aan all-time high in previous week.

The per tola price of 24 carats gold in Pakistan dropped by Rs2,000 to settle at Rs198,000 while the price of 10 grams decreased by Rs1715 to reach Rs169753.

On Monday, the gold price witnessed a drop of Rs200 per tola to close at Rs204,300.

In the international market, the commodity witnessed an upward trend as per ounce price reached to $1,880 after an increase of $11 dollars.

https://en.dailypakistan.com.pk/08-Feb-2023/pakistani-rupee-registers-gains-against-dollar-amid-imf-talks

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