Karachi:
The first Pakistan-China B2B investment meeting on fisheries was held in the Chinese city of Qingdao.
This event was organized by TADAP to promote joint projects and partnerships. The event was organized in the context of Prime Minister Shahbaz Sharif’s visit to China in June 2024 to further promote trade and investment between the two countries.
45 Chinese and 27 Pakistani companies participated in the event. CPC Committee Member, Qingdao Municipal Marine Development Bureau Sun Huanjiang, in his remarks reiterated Pakistan and China’s commitment to a historic all-weather partnership.
Rahim Hayat Qureshi, Secretary of the Board of Investment, appreciated the strong cooperation between China and Pakistan in various fields. He emphasized on increasing the partnership between the businesses of the two countries to promote mutually beneficial cooperation.
He also gave a comprehensive presentation on the fisheries sector in Pakistan and the incentives offered by the Pakistani government to Chinese investors.
The event concluded with the signing of 11 MoUs and one contract worth $64 million between Pakistani and Chinese companies.
An MoU was also signed between the Pakistan Fisheries Export Association and the Seafood Specialized Committee of China to promote further B2B exchanges, joint ventures and trade and investment in the fisheries sector.
