PFC terms PM visit to China helpful strengthening trade relations between both nations

ISLAMABAD, Apr 26 (APP):Pakistan Furniture Council (PFC) Chief Executive Mian Kashif Ashfaq Friday lauding Prime Minister Imran Khan visit China to attend the Second Belt and Road Forum said that it will open the opportunities for enhancement of bilateral trade and economic relations between both nations.

Presiding a meeting of board of directors held here at, PFC Chief Mian Kashif expressed the confidence that Prime Minister’s visit will be instrumental to further expanding the scope and depth of the bilateral ties,” says a press release issued here today.
He said China-Pakistan Economic Corridor is a flagship project of Belt and Road Initiative and the stronger trade and business ties with China will not only help Pakistan’s economic situation, but will also lead to greater stability and economic prosperity in the region.

He further said Pakistan and China bilateral relations are time-tested, as we have a long history of cordial, friendly and strategic cooperation in all areas and domains.
The whole nation is standing in support of Pak China relations and the cooperation in the shape of CPEC, he added.

He said, the previous rulers Asif Ali Zardari of Pakistan Peoples Party and Mian Nawaz Sharif of Pakistan Muslim League (N) had jeopardized all sectors of economy, but always portrayed a rosy picture to masses.

He said Imran Khan deserved applause for taking businessmen into confidence framing business friendly policies to boost business activities in the country.

He said exporting furniture to China can be an uphill task for Pakistani manufacturers due to the neck to neck competition in Chinese markets but still many are succeeding to tap Chinese furniture market with patience and the right partners.

Mian Kashif Ashfiaq said that despite imbalances in volume of trade between Pakistan and China, economic and trade relations between Pakistan and China held great potential and there was dire need for Pakistani business community to focus on improving their competitiveness in the Chinese market.

He urged the businessmen to take full advantage of concessions granted by China under the China-Pakistan Free Trade Agreement (CPFTA).

He said that it is another good omen that first time in history, Prime Minister Imran Khan desired that all members of businessmen entourage accompanying him will bear all their own expenses and would not be burden on national kitty.