President invites ASEAN countries to invest in Pakistan

Komal FatimaWeb Editor

27th Nov, 2020. 12:08 pm
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President Arif Alvi has invited businessmen from China and ASEAN countries to come and invest in the special economic zones being set up in Pakistan.

As per the details, Arif Alvi was addressing through a video message at the opening ceremony of the 17th China-ASEAN Expo (CAEXPO) opened at Nanning, capital of south China’s Guangxi Zhuang Autonomous Region.

He said during the session, “We encourage ASEAN countries as well as Chinese businessmen, to invest in the special economic zones in Pakistan”.

He said Pakistan’s macroeconomic policies have changed tremendously and there is greater ease of doing business in Pakistan despite the COVID-19 challenge.

“We have handled COVID pandemic well also. And the far-reaching economic and trade reforms and macroeconomic policies have provided good results in online business”.

 “Pakistan has a sectoral dialogue partnership with ASEAN. Our partnership, progress, and our cooperation is increasing”, he added.

Dr. Alvi said that Pakistan, China, and ASEAN countries are very reliable, friends.

“Pakistan wants to do a feasibility where Pakistan, China, and ASEAN triangle can come up, as well as feasibility into Pakistan and ASEAN FTA”, he added. 

On the other hand, Alvi further said during the session, “We are upgrading the agriculture sector and Pakistan is making great progress in energy and infrastructure and has moved on from agriculture to industry and the socioeconomic reforms”.

On the other hand, Dr. Alvi mentioned his previous visit to China in March this year. He said that President Xi, Premier Li Keqian, and other Chinese leadership to express solidarity with China in its flight against the COVID-19 pandemic.

“I was very confident that China as a disciplined nation will be able to overcome this disease”, he added.

He said that this CAEXPO was a symbolic situation where it was showing that beyond COVID, China has provided leadership in trade to the world.

He further said that China has recently signed the world’s largest trade agreement which is a Regional Comprehensive Economic Partnership, with a number of countries and it has shown leadership to the world that it is a reliable trading partner and an economic hub.

Apart from that, Dr. Alvi talked about all-weather strategic cooperative partnership. He said it was a very deep friendship deeper than the oceans and as high as the sky. And both the countries are trusted friends with each other.

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