President Arif Alvi proposes trade triangle among Pakistan, China & ASEAN

ISLAMABAD, Pakistan: President Dr. Arif Alvi has proposed establishing a trade triangle among Pakistan, China, and the Association of Southeast Asian Nations (ASEAN) to maximize the quantum of intra-regional business opportunities.

In his virtual address to the 17th China-ASEAN Expo held in China’s Nanning City on Friday, he said that Pakistan’s stable macro-economic policies and ease of doing business offered an attractive market to both China and the ASEAN Countries for trade cooperation in diverse areas.

ASEAN - President Dr. Arif Alvi has proposed establishing a trade triangle among Pakistan, China and the Association of Southeast Asian Nations (ASEAN) to maximize the quantum of intra-regional business opportunities. In his virtual address to the 17th China-ASEAN Expo held in China's Nanning City on Friday, he said that Pakistan's stable macro-economic policies and ease of doing business offered an attractive market to both China and the ASEAN Countries for trade cooperation in diverse areas. The president said that despite the challenge of the Coronavirus pandemic, Pakistan's economy strengthened and its online businesses grew due to implementation of far-reaching economic reforms. Dr. Arif Alvi said that we encourage the ASEAN Countries and the Chinese businessmen to invest in Special Economic Zones (SEZs) as Pakistan's macro-economic policies have changed tremendously with an improved state of ease of doing business. On exports to ASEAN and China, the president said that textiles, food produce including meat and vegetables, surgical goods, minerals and Information Technology could be the prospective areas.
President Dr. Arif Alvi

The president said that despite the challenge of the Coronavirus pandemic, Pakistan’s economy strengthened and its online businesses grew due to the implementation of far-reaching economic reforms.

Dr. Arif Alvi said that we encourage the ASEAN Countries and the Chinese businessmen to invest in Special Economic Zones (SEZs) as Pakistan’s macro-economic policies have changed tremendously with an improved state of ease of doing business.

On exports to ASEAN and China, the president said that textiles, food products including meat and vegetables, surgical goods, minerals, and Information Technology could be the prospective areas.

 

Tags: 17th China-ASEAN Expo