Daily Times

BEIJING: The business community of Pakistan is committed to further boost Pak-China trade relations, increase exports and minimise the trade deficit between the two countries.

These views were expressed by leading Pakistani businessmen visiting Chinese Capital here, including Tippu Turk, Javedur Rehman and Saeed Peter while talking to APP on the occasion of celebrations of 65 years of diplomatic relations between China and Pakistan.

They said that Pakistan China friendship was the finest example in the diplomatic history of the world adding the all weather friendship between both the nations was strengthening with evey passing day in all fields of life, including economic and trade.

Tippu Turk, who exports Sialkot-based surgical equipments to China said that Pakistan and China have successfully transformed their diplomatic relations into geo economic partnership. He said that Pakistan’s surgical equipments were top ranking in the world. “It is due to quality of these equipments that we can easily compete with different countries in this sector,” he said.

He urged manufacturers and exporters of various products in Pakistan to work hard for increasing their exports, however stresed for sustainable efforts to minimize overall trade deficit of Pakistan. Javed, a garments manufacurer and exporter, said that China and Pakistan have been furthering their trade ties.

“Like various other countries, the trade balance between China and Pakistan is largely infavour of China. Pakistani exporters have lot of potential and abilities to increase exports,” he added. He said that Pakistani business coummunity in China is fully aware of its responsibilities to boost the trade specially the exports and earn foreign exchange for thier country.

Pakistan’s precious stones exporter in Beijing, Saeed Peter, said that Pakistan has rich mineral resources. Precious stones, semi precious stones and handicrafts of Pakistan have world’s recognition, he said. He said that Pakistani businessmen need to explore more potential of these sectors in China and various other countries.

He said that joint ventures with Chinese for exploration of mineral resources and exporting them can also be good options for earning dollars. “China has huge consumers base in the world and it is first door neighbour of Pakistan and has friendly enviornment for Pakistanis. Therefore, we need to further increase our trade specially the exports,” Saeed Peter said.

He said that China-Pakistan Economc Corridor (CPEC) has also opened new vistas of economic, trade and cultral, relations between both the countries. He said that China was fast growing economy and Pakistan has cheap labor and low cost raw materials which makes a perfect combination of creating a win win situation for both the sides.