Skip to main content

Swiss Consul General Terms China-Pakistan Economic Corridor (CPEC) An Economic Turning Point

https://www.urdupoint.com/en/business/swiss-consul-general-terms-china-pakistan-eco-268641.html


 Rukhshan Mir (@rukhshanmirpk 2 hours ago  Mon 26th February 2018 | 08:36 PM

The Consul General of Switzerland in Karachi Philippe Crevoisier while terming the China-Pakistan Economic Corridor (CPEC) an economic turning point in the region said that it was inviting the foreign investors to make their investment in Pakistan.

HYDERABAD, (UrduPoint / Pakistan Point News - 26th Feb, 2018 ):The Consul General of Switzerland in Karachi Philippe Crevoisier while terming the China-Pakistan Economic Corridor (CPEC) an economic turning point in the region said that it was inviting the foreign investors to make their investment in Pakistan.

He expressed these remarks while addressing a reception hosted by the President Hyderabad Chamber of Commerce and Industry (HCCI) Goharullah in his honour here at HCCI Secretariat on Monday. According to HCCI spokesman, the Consul General said both Switzerland and Pakistan enjoy good economic relations with numbers of the Swiss companies operating in Pakistan.

As a result of healthy economic cooperation, he said that the Swiss exports have been increase by 15.1 percent in 2016 with 16.8 percent imports.

Besides economic cooperation, he said that both the countries also enjoying healthy bilateral relations with cooperation in education, research and innovations.

The Switzerland is also sharing contribution of development cooperation and humanitarian aid in Pakistan and focused the areas of rural development, he said. He said that Pakistani products have great potential in the European market and the investment from many European countries including Italy could bring fruitful results in this direction.

The President HCCI Goharullah in his welcome address has briefed the Consul General about the industrial activities of Hyderabad adding that there is a great opportunity for foreign investors to make their investment in textile and automobile industries of Hyderabad.

Besides, the Swiss investors can also make their investment in the power sector, he said and underlined the need of exchange of trade delegations between the two countries. Among others, Senior Vice President HCCI Turab Ali Khoja and Vice President Ziauddin were also present on the occasion

Comments

Popular posts from this blog

Balochistan to establish first medical university

https://www.dawn.com/news/1366135

The Newspaper's Staff CorrespondentOctober 25, 2017QUETTA: The provincial cabinet on Tuesday approved the draft for establishing a medical university in Balochistan.Health minister Mir Rehmat Saleh Baloch made the announcement while speaking at a press conference after a cabinet meeting.“The cabinet has approved the draft of the medical university which would be presented in the current session of the Balochistan Assembly,” he said, adding with the assembly’s approval the Bolan Medical College would be converted into a medical university.Published in Dawn, October 25th, 2017

China’s 'Digital Silk Road': Pitfalls Among High Hopes

https://thediplomat.com/2017/11/chinas-digital-silk-road-pitfalls-among-high-hopes/


Will information and communication technologies help China realize its Digital Silk Road?By Wenyuan WuNovember 03, 2017In his speech at the opening ceremony of China’s 19th Party Congress, President Xi Jinping depicted China as a model of scientific and harmonious development for developing nations. Xi’s China wants to engage the world through commerce but also through environmental protection and technological advancement. This includes Beijing’s efforts to fight climate change with information and communication technologies (ICTs) that it plans to export along its “One Belt One Road” initiative (OBOR). Xi may have ambitious plans, but could China be throwing up obstacles in its own way?In his speech, the Chinese president emphasized the need to modernize the country’s environmental protections. The Chinese state is taking an “ecological civilization” approach to development and diplomacy, with a natio…

Germany’s Siemens sets up Belt and Road office in Beijing

https://gbtimes.com/germanys-siemens-sets-up-belt-and-road-office-in-beijing
Germany’s Siemens sets up Belt and Road office in Beijingby Janne Suokas Mar 23, 2018 15:20 TRADEINVESTMENTBELT AND ROAD INITIATIVEGerman industrial and engineering group Siemens will set up a Belt and Road office in Beijing. surberFlickrCC BY 2.0
German industrial and engineering group Siemens will set up an office in Beijing to boost international cooperation under China’s Belt and Road initiative, the company said on Friday.The move will help strengthen Siemens’ cooperation with Chinese and international companies and expand business opportunities brought about by the Belt and Road initiative, according to the company’s statement.The Belt and Road initiative is China’s ambitious project to boost trade and infrastructure investment in more than 65 countries along the ancient Silk Road trade routes from Asia to Europe and Africa.Siemens said it had already partnered with hundreds of Chinese companies in overse…