FPCCI signs three MoUs at Belt and Road Conference

KARACHI: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has signed three Memorandum of Understanding (MoUs) at Belt and Road CEO Conference held in Beijing China.

A statement on Thursday said that Engr. Daroo Khan Achakzai, President, FPCCI signed three MoUs with China Council for the Promotion of International Trade (CCPIT) Chongging, CCPIT Tianjin and CCPIT Xinjiang.

The FPCCI president attended Belt and Road CEO Conference held in Beijing China organized by China Council for the Promotion of International Trade (CCPIT), China Chamber of International Commerce, All-China Federation of Industry and Commerce (ACFIC) and State-owned Assets Supervision and Administration of Commission Council (SASAC) at China National Convention Center, Beijing China.

In his address, Engr. Daroo khan stated that Belt and Road Initiatives (BRI) a mega event was initiated to reduce poverty, promotion of trade, investment, economic growth and disparity regionally as well as globally.

He added that CPEC is one of the important corridors of BRI that would connect the landlocked Central Asian Countries with Middle East and Africa. He stressed on the need of technological transfers, digitalization, sharing of information and innovation for industrialization.

The conference inaugurated by Chinese President Xi Jinping and attended by 900 business leaders from 88 countries and emphasized on deepening cooperation and economic integration.

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