ISLAMABAD, Dec 19 (APP):SAARC Chamber of Commerce and Industry (SAARC CCI) and China Council for Promotion of International Trade (CCPIT) have agreed to jointly organize 14th China South Asia Business Forum in Kunming, China on June 12, 2019.
The leadership was also agreed to give chair of 14th edition China South Asia Business Forum (CSABF) to Sri Lanka, said a press release received here on Wednesday.
The objective of the meeting was to seek input from members for a meaningful and productive 14th CSABF.
The meeting aimed at fostering economic and trade cooperation between China and South Asian countries through this forum.
The meeting focused on the forum theme, invitees, boosting cooperation mechanism for CSABF 2019 and development of online portal to boost b2b meetings between SAARC and Chinese enterprises.
Mr Liu, Chairman CCPIT, also expressed his desire for Chinese investment in Industrial Parks of each member country for pilot projects.
SAARC CCI welcomes this idea and requests CCPIT to come up with potential investors (FDI) for each member country and SAARC CCI will facilitate those investments in industrial parks in member countries.
CSABF is the first ever cooperation mechanism established for regional economic cooperation between Chinese and SAARC industrial and commercial circles in 2005, in the context of ever-increasing mutual trust in political affairs and continuous economic cooperation between China and South Asian countries under the aegis of CCPIT Yunnan Sub-Council and SAARC CCI.