lahore -

President Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Zubair Ahmad Malik Monday said that the forthcoming visit of Chinese Premier Li Keqiang to Pakistan would enhance the volume of trade between private sectors of both the countries.

The FPCCI chief while talking to APP Monday said that Pakistan is a paradise for foreign investment and especially there is a vast scope for Chinese private and public sector investment and joint ventures in energy, agriculture, livestock, IT and other sectors.

Zubair said the people of Pakistan always attached great importance to the Chinese people as China is a time-tested friend of Pakistan. He said all MoUs to be inked during the visit must be implemented in letter and spirit.

Vice President SAARC Chamber of Commerce and Industries, Pakistan chapter, Iftikhar Ali Malik when contacted said that Pakistan is currently confronting gas, power and water crisis which is hitting the economy. He said that China should also help Pakistan in meeting its ever increasing requirement of gas, power and water through joint ventures and soft terms. He said that it is the need of hour that China being time-tested friend of Pakistan should also transfer modern technology for exploiting indigenous resources. He said frequent exchange of visits of private sector delegations in the countries will further restore the confidence and develop deep mutual understanding and cooperation in all sectors.

He said that being co-chairman of the businessmen panel, the largest alliance of chambers and ruling group in federation announced that all chambers across the country will extend their whole-hearted cooperation and assistance to Chinese investors in Pakistan and provide facilities under a one-window operation.