Thursday, December 2, 2021
News

Pak-China joint ventures face hurdles

   SocialTwist Tell-a-Friend    Print this Page   COMMENT

New Delhi | Friday, 2021 9:45:06 PM IST
The increasing number of joint ventures between Islamabad and Beijing under the multi-billion dollar China-Pakistan Economic Corridor (CPEC) are confronted with some practical difficulties, The Express Tribune quoted an official as saying

In an online address to the Pakistan-China Joint Chamber of Commerce and Industry (PCJCCI) executive committee on Thursday, its President Wang Zihai called for the swift resolution of issues and removal of impediments.

"The government of Pakistan is fully cognisant of the issues and this has led to the creation of alternative dispute resolution courts in the country," The Express Tribune report quoted Wang as saying.

The joint chamber has established an online platform to provide assistance in solving the problems and issues of Chinese companies pertaining to domestic policies and regulations.

He hailed the initiative of the chamber to facilitate foreign investors who entered into business partnerships with Pakistani entrepreneurs.

Speaking on the occasion, PCJCCI Senior Vice President Ehsan Chaudhry assured the participants that the interest of investors engaged in joint ventures under CPEC would be protected.

"Along with the online platform, the PCJCCI will keep on playing a proactive role in overcoming the difficulties faced in the implementation of joint ventures being established in collaboration with foreign firms."

--IANS san/ksk/

( 214 Words)

2021-11-19-15:34:05 (IANS)

 
  LATEST COMMENTS (0)
POST YOUR COMMENT
Comments Not Available
 
POST YOUR COMMENT
 
 
TRENDING TOPICS
 
 
CITY NEWS
MORE CITIES
 
 
 
MORE ASIA NEWS
Xi's top secret speeches behind China's ...
Most parts of India-B'desh frontiers to ...
EU investment plan to rival China's Belt...
Pashtun leader Ali Wazir granted bail in...
Under fire, Pak Prez says allowing use o...
Leaked documents show Xi Jinping's direc...
More...
 
INDIA WORLD ASIA
Will protest at Jantar Mantar if Ambedka...
'13 people lost eyesight after cataract ...
Thinking that without Congress anybody c...
Delhi HC asks Election Commission to all...
Foul play in recruitment of Group C empl...
New cyber crime police stations to start...
More...    
 
 Top Stories
KKR gave me my big break, paved way... 
'13 people lost eyesight after cata... 
Abu Dhabi T10: Kohler-Cadmore, Hasa... 
Will protest at Jantar Mantar if Am... 
Delhi: Gopal Rai inspects Central V... 
Pakistan: People in Sindh struggle ... 
Cabinet Secretary reviews preparedn... 
Reddit is adding new real-time feat...