7 replies to this topic

[SUPARCO]

Pak-China youths discuss further strengthening of bilateral ties
Sunday, May 13, 2012   

Staff Report

ISLAMABAD: A 100-member delegation of All China Youth Federation visited Islamabad Chamber of Commerce and Industry (ICCI) and exchanged views with Young Entrepreneurs Forum of ICCI for further strengthening the bilateral relations between Pakistan and China.

Wan Xuejun, Deputy Secretary General of All China Youth Federation said many young industrialists of China were part of Chinese youth delegation and they have come to Pakistan to explore avenues of partnerships and joint ventures with Pakistani youngsters.

He said such exchanges of youth would enhance the love between the people of two countries.

He said Karakoram Highway, Chashma Nuclear Power Plants, Taxila Heavy Mechanical Complex were some of the good examples of the strong and brotherly relations between Pakistan and China.

He said bilateral trade between Pakistan and China has reached $10 billion and hoped exchange of such youth delegations will help in further enhancing trade between the two countries.

He said 3 Chinese volunteers would teach Chinese language to Pakistani students in Numal University.

Shaban Khalid, Chairman, ICCI Young Entrepreneurs Forum said China has always provided immediate support to Pakistan in every moment of difficulty which showed its warm feelings for Pakistan.

Khalid said Pakistan and China have tremendous scope in various fields, especially in energy, exploration of mineral resources, telecommunication and infrastructure development.

He stressed it was the right time to promote more interactions between the youth of both countries for sharing business ideas, knowledge, expertise and further strengthening bilateral economic relations.

Muhammad Anwar Sheikh, Joint Secretary Ministry of Finance, Government of Pakistan hoped such direct interactions between the youth of Pakistan and China would lay a strong foundation for promoting lasting friendly relations between the two countries.

Shahid Zaman Shinwari, Acting President of ICCI thanked Chinese delegation for visiting Chamber.


http://dailytimes.co...3-5-2012_pg5_18

[Caesar]

Australia with a population of 20 million has a bilateral trade of $120 Billion with China, and Pakistan with 200 million only had 10 billion!! Pathetic.

[SUPARCO]

Caesar, on 13 May 2012 - 02:39 AM, said:

Australia with a population of 20 million has a bilateral trade of $120 Billion with China, and Pakistan with 200 million only had 10 billion!! Pathetic.

Salaam,

Australia is a developed country while Pakistan is underdeveloped.

The main question people should ask is why China did not expand its trade with Pakistan when Pakistan was ruled by the military?  As soon as democracy returned to Pakistan in 2008, China's trade with Pakistan shot up from a mere $2 billion to $10 billion in less than four years!

By the end of next year, China wants the trade to touch at least $15 billion.

Salaam

[writer84]

How much of that bilateral trade is to our benefit?

If we export $1bn and import $9bn, its not a great result.

[platinum786]

This would go through roof if we sorted out our agricultural sector. If we built more dams, reservoirs to collect seasonal rainwater, we could raise the water table in many areas, installs tube wells, industrialse agriculture. We could sell hundreds of billions worth of food to China, Afghanistan, middle east. But the land owners are not intetested in profits, but use of land as a tool for control of people.

[SUPARCO]

writer84, on 19 May 2012 - 12:42 PM, said:

How much of that bilateral trade is to our benefit?

If we export $1bn and import $9bn, its not a great result.

Salaam,

Pakistani exports to China are $2.1 billion out of a total of $10.6 billion trade.

http://pakobserver.n...s.asp?id=138443

Salaam

[macau boy]

SUPARCO, on 19 May 2012 - 01:58 PM, said:

Salaam,

Pakistani exports to China are $2.1 billion out of a total of $10.6 billion trade.

http://pakobserver.n...s.asp?id=138443

Salaam

The overall Sino-Pak balance of payment which include the bilateral trade is tilted in favor of Pakistan. It has been that way for as far as I can remember. Under the bilateral FTA, there is no restriction, no limit and no tax for goods and services coming into China from Pakistan.

[writer84]

I support trade, just want to get a picture of the balance.