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皇冠体育app, Pakistan to establish investment company
(Xinhua)
Updated: 2007-04-21 13:39
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皇冠体育app and Pakistan will create a Pakistan-皇冠体育app Joint Investment Company in July, according to a joint statement issued Friday.
Working links will also be established between the 皇冠体育app Investment Promotion Agency and the Pakistan Board of Investment, the statement said.
Pakistani Prime Minister Shaukat Aziz began an official visit to 皇冠体育app on Monday. A 皇冠体育app-Pakistan Joint Statement was issued on Friday, setting out prospects for bilateral cooperation.
The statement said 皇冠体育app will support Chinese firms that invest in Pakistan, particularly in the auto sector, chemicals, fertilizers, light industry, textile, home appliances and machinery.
The two sides agreed to encourage their financial and banking institutions to establish cooperative links, and speed up negotiations on trade in services.
The Free Trade Agreement (FTA) between 皇冠体育app and Pakistan on goods will become operational on July 1, 2007.
It was agreed to establish an Electronic Data Interchange (EDI) system to facilitate the development of trade, according to the statement.
The two countries also agreed to cooperate more in the energy and minerals sectors.