ISLAMABAD – President Dr Arif Alvi has proposed establishing a tradetriangle among Pakistan, China and the Association of Southeast AsianNations (ASEAN) to maximise the quantum of intra-regional businessopportunities, the state broadcaster reported on Friday.
In his virtual address to the 17th China-ASEAN Expo held in China’s Nanningcity on Friday, he said Pakistan’s stable macro-economic policies and easeof doing business offered an attractive market to both China and the ASEANcountries for trade cooperation in diverse areas.
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Despite the challenge of the coronavirus pandemic, the president continued,Pakistan’s economy strengthened and its online businesses grew due toimplementation of far-reaching economic reforms.
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“We encourage the ASEAN countries and the Chinese businessmen to invest inSEZs as Pakistan’s macro-economic policies have changed tremendously withan improved state of ease of doing business,” he was quoted by the RadioPakistan as saying.
On exports to ASEAN and China, he said, textiles, food products includingmeat and vegetables, surgical goods, minerals and Information Technologycould be the prospective areas.
