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KCCI – SCO cooperation: Good news from economic front for Pakistan

KCCI – SCO cooperation: Good news from economic front for Pakistan

BEIJING – The management committee of Shanghai Cooperation OrganizationDemonstration Area (SCODA) exchanged views with the Karachi Chamber ofCommerce and Industry (KCCI) on economic and trade cooperation.

Recommendations for nine industrial parks in Pakistan to interact withSCODA, investment policy and model of SCODA and other related issues werediscussed, according to China Economic Net (CEN).

Xiang Zhiqiang, member of the Party Working Committee and Deputy Directorof the Management Committee of SCODA welcomed KCCI and its memberenterprises to carry out trade cooperation.

He advocated KCCI to lead various business associations and enterprises toexchange visits, enhance mutual understanding, promote cooperation, seekcommon development in agriculture, transportation, science and technology,humanities and other fields with SCODA once the epidemic is over.

“We wish to establish a dedicated communication and coordination mechanismto deepen the cooperation”, he added.

Shamsul Islam Khan, Vice President of KCCI stated that Pakistan’s economyis based on agriculture, and its seafood, fruits and other high qualityagricultural products can be sold in China and exported to neighboringcountries through cooperation with SCODA.

Wang Zihai, Deputy Director of Pakistan-China Center gave a briefintroduction of their processing work and stressed that recently China hassigned RCEP with 14 countries, which also brings great potential forPakistan.

Pakistan can work closely with RCEP countries through the platform of SCODAin China, he added.