Gohar Ejaz embarks on pivotal China visit for 3rd belt and road forum

ISLAMABAD, Oct 14 (DNA): The Federal Minister for Commerce and
Industries & Production, Dr. Gohar Ejaz is scheduled to visit China in
connection with 3rd Belt and Road Forum, scheduled to be held on 17-18
October, 2023, marking 10 years of the Chinese flagship global
infrastructure development scheme known as the Belt and Road Initiative
(BRI).

The forum is expected to be a pivotal platform for fostering
international cooperation. The forum will be attended by the Heads of
the Government / States as well as representatives of many International
Organizations.

During his visit, the Minister will hold meetings with leading heads of
Chinese enterprises, president of EXIM bank and other leaders to discuss
avenues for enhancing mutual trade and business engagement. The Minister
will participate and address two business networking forums with many
Chinese companies expected to be in attendance.

The focus of the visit is enhance Pakistan’s exports to China in food
and agriculture, textiles, mining and value added mining products, new
technology, new electric vehicles, solar panels and E-Commerce.

The Minister will also attend a meeting with the President of COFCO, the
food processing giant. The Minister will also have several individual
meetings with representatives from different sectors. A number of
Chinese companies have already shown keen interest in the scheduled
meetings.

The Minister will communicate the potential for Foreign Direct
Investment (FDI) in Pakistan and will inform Chinese companies about the
opportunities for investment especially in relocating labour intensive
sectors and new technology industries.