Shandong Chamber Of Commerce Signed A Memorandum Of Understanding With The Pakistan Textile Association

The southern part of Pakistan was again hit by floods this year, with 8 million people affected and direct economic losses amounting to US $356 million.

In addition to the first to provide humanitarian aid to Pakistan, the Chinese government is also actively working with Pakistan enterprises to help Pakistan resume production.

On the afternoon of 5, the Pakistan Textile Association and the Shandong provincial chamber of Commerce signed a memorandum of understanding on cooperation in Badong city Lahore, covering trade, direct investment, joint ventures, marketing and all other forms of bilateral cooperation.

Shandong Province

From Wei Li, he said: "we need to exchange what is needed by our Chinese enterprises and what the enterprises in Pakistan need, which is also in line with our strategic cooperation between China and Pakistan, especially for enterprises in two countries."

According to Wei Li, Pakistan suffered floods this year and caused losses to Pakistan's economy. Under such circumstances, cooperation between China and Pakistan is needed, so as to promote Pakistan's economic recovery as soon as possible.

According to Wei Li, "one is flood, the other is dengue fever.

According to Wei Li, the cooperation between Shandong chamber of Commerce and Pakistan in the cotton textile industry is indirect cooperation such as purchasing cotton. In the future, it will directly cooperate with the state's bonded policy and build a larger cotton and cotton yarn trading market in the north of Huaihe.

The Pakistan Textile Association has 200 member enterprises throughout the country.

President Aziz said that this year's floods not only caused Pakistan cotton production, but also reduced the quality of cotton, and some enterprises were affected.

Chinese enterprises will cooperate with Pakistan enterprises at this time to help them recover from floods.

Aziz said: "of course, the cooperation between the Shandong chamber of Commerce and the Pakistan Textile Association will lead the two companies to a better future. At the same time, we will benefit from your experience, benefit from what you have done in the past, and we look forward to better cooperation between the two sides.

We believe that the future cooperation will be successful because we want joint ventures, and we want to get technical knowledge and experience from your Chamber of Commerce. "

Resham cotton spinning company is the top ten largest cotton yarn company in Pakistan. It has more than 2000 textile workers, and cotton yarn products are exported to Japan, Korea and other countries.

General manager, crane, is very interested in the cooperation with the Shandong chamber of Commerce. She believes that cooperation in cotton textile industry is the first step for both sides. In the future, the two sides can cooperate in various fields such as solar energy, mutual benefit and win-win cooperation and great potential for cooperation.

"I think this is a very positive first step. The most important thing is that our trade partners are growing together. I think the potential of cooperation between China and Pakistan is very great. Our two countries can cooperate with each other and help each other," he said.

We are also looking forward to the Chinese coming here, you share business with us, and we share your business, because we believe this is a win-win situation.

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China Pakistan investment company has actively contributed to the first cooperation between the Shandong chamber of Commerce and the Pakistan Textile Association.

Cao Wenjiang, general manager of China Pakistan investment company, said that China Pakistan investment company, as a development financial institution jointly established by the two governments, is not only engaged in the traditional loan and investment business, but also strives to become a platform for investment and trade between China and Pakistan, and is a bridge between Chinese and Pakistani enterprises.

Cao Wenjiang said: "as a result of the disaster in southern Pakistan, China Pakistan company not only wants to start from the aid side, but also wants to help Pakistan get out of the difficult situation as soon as possible by introducing investment and trade, which is the bounden duty of CMB.

Starting from imported cotton yarn, helping it to export cotton yarn may be the best way to provide disaster relief.

Cao Wenjiang believes that at present, many Chinese enterprises have misunderstandings about Pakistan. In fact, Pakistan has abundant natural resources. Therefore, China Pakistan investment company has organized many Chinese enterprises to visit Pakistan, so that more Chinese enterprises can see business opportunities.

Cao Wenjiang said: "one is to introduce them to Pakistan's investment environment, and more importantly, to reverse the misunderstanding of Chinese enterprises to Pakistan.

Because Pakistan is rich in resources, not only mineral resources, agriculture, and even food processing, including milk and cattle, these industries are some industries that Chinese government encourages Chinese enterprises to go out.

Let CMB take the role of a stepping stone, not only shouting slogans on Sino Pakistani investment and trade, but also implementing actions to promote Sino Pakistani investment and trade to a new level, expanding the investment and trade areas of China and Pakistan and increasing the volume of investment and trade between China and Pakistan.