Pakistani and Chinese companies have signed 13 MoUs worth $250 million to promote partnerships and investments in animal fodder production and fruit and vegetable processing. These agreements aim to create joint ventures and boost trade between the two countries.
The signing ceremony was attended by Pakistan’s Ambassador to China, Khalil Hashmi. It took place after a business matchmaking event organized by the Pakistan Embassy in Beijing and the Board of Investment (BOI).
The event brought together businesses from Pakistan and China to explore opportunities for collaboration. Over 150 meetings were held, including 30 virtual sessions, allowing companies to connect and discuss potential partnerships.
Ambassador Hashmi highlighted Pakistan’s strengths in agriculture, particularly in the growing sectors of animal fodder and food processing. He emphasized that these industries have significant potential for expansion and can benefit from foreign investments.
This collaboration is another step forward in strengthening trade ties between Pakistan and China. It reflects the commitment of both countries to work together for mutual economic growth. By investing in agriculture and food processing, the agreements open doors for long-term partnerships and contribute to the development of these industries.
Such initiatives demonstrate the importance of international cooperation in achieving shared economic goals. The agreements not only strengthen trade relations but also create opportunities for sustainable development and innovation in key sectors.
