ISLAMABAD: Around 150 Pakistani companies are taking part in an international service trade fair being held in China, Pakistan’s privatization minister said this week, announcing that the event would serve as an “excellent opportunity” to enhance investment in the South Asian country.
The China International Fair for Trade in Services (CIFTIS) 2024 kicked off in Beijing on Sept. 12, Thursday. Scheduled to run till Sept. 20, over 2,000 companies from 107 countries around the world are taking part in the international event. The fair reflects China’s eagerness to work with the international community to seize opportunities in a fast-evolving global economy.
China is an important trade and investment partner for Pakistan. Chinese investment and financial support since 2013 have been key for Pakistan’s struggling economy, including the rolling over of loans so that Islamabad is able to meet external financing needs at a time when its foreign reserves are critically low.
In his virtual address to the fair, Pakistan’s Investment and Privatization Minister Abdul Aleem Khan spoke about the “ample scope” for investment in agriculture, livestock, food processing and minerals sectors in Pakistan.
“Abdul Aleem Khan said that this international event will be an excellent opportunity and positive step for investment [in Pakistan] with great expectations,” Pakistan’s privatization ministry said in a press release.
It said that Pakistan would ensure all possible support for investments from China, adding that the country was keen on availing opportunities offered by special economic and export processing zones.
Khan noted that Pakistani companies were getting more opportunities to increase their business-to-business activities with China to establish or shift industries to Pakistan.
“He indicated that under CPEC, transport, infrastructure, energy and communication in Pakistan has been developed visibly and there has been a significant improvement in these sectors,” the ministry said, referring to the China-Pakistan Economic Corridor project.
CPEC is a flagship of Beijing’s Belt and Road Initiative through which it has pledged over $60 billion in investment projects in Pakistan. Various power and infrastructure projects have already been built in the South Asian country under CPEC but the implementation of various projects has slowed in recent months.
Pakistan’s Prime Minister Shehbaz Sharif visited China in June on a five-day trip. Sharif’s visit was aimed at upgrading and enhancing CPEC projects, strengthening bilateral ties and fostering stronger ties between the business communities of the two countries.
Around 150 Pakistani companies take part in international trade fair in China
https://arab.news/29u95
Around 150 Pakistani companies take part in international trade fair in China
- Over 2,000 companies from 107 countries are taking part in fair scheduled to run till Sept. 20
- Pakistani minister says trade fair to serve as “excellent opportunity” for investment in country
Bodies of Pakistani nationals who died attempting illegal migration repatriated from Iran
- Pakistan’s envoy in Tehran warns youth against human smugglers after deaths in harsh weather
- Pakistan reported sharp fall in illegal migration to Europe this year amid nationwide crackdown
ISLAMABAD: The bodies of two Pakistani nationals, who died near the Iran-Türkiye border after attempting to travel illegally to Europe, have been repatriated to the country, said a senior diplomat on Tuesday, reiterating warnings against human smugglers amid an intensified crackdown by authorities in Islamabad on illegal migration.
Pakistan says it has stepped up action against illegal immigration and human trafficking in recent years, reporting a 47% drop in illegal migration to Europe this year and the arrest of more than 1,700 suspected human smugglers, according to official figures.
However, people continue to attempt dangerous irregular journeys in search of work and better economic opportunities abroad.
“The mortal remains of Pakistani nationals Mr. Armanullah s/o Gul Rahman and Mr. Ihtasham s/o Mukhtar Gul, both residents of Nowshera, have been repatriated to Pakistan through Taftan border earlier today,” Pakistan’s ambassador to Iran, Muhammad Mudassir Tipu, said in a post on social media platform X. “Both had fallen victim to the greed of human smugglers and lost their lives in extremely harsh weather conditions near Iran’s border with Turkiye.”
“I once again request the youth back home not to be trapped by human smugglers and instead follow the legal path to travel abroad,” he added, thanking the government of the Balochistan province in Pakistan for arranging the transportation of the bodies and offering condolences to the victims’ families.
The issue illegal immigration has drawn heightened scrutiny since 2023, when hundreds of people, including Pakistani nationals, died attempting to cross the Mediterranean Sea in an overcrowded vessel that sank off the Greek coast, prompting Islamabad to launch nationwide investigations into human smuggling and trafficking networks.
Authorities have since arrested Pakistani and foreign nationals at airports with forged travel documents, highlighting the scale of document fraud linked to illegal departures.
In September, the Federal Investigation Agency (FIA) released a list of more than 100 of Pakistan’s “most wanted” human smugglers and identified major trafficking hubs across Punjab province and the capital, Islamabad.
Earlier this month, Pakistan announced plans to roll out an artificial intelligence-based immigration screening system at Islamabad airport from January, aimed at detecting forged documents and preventing illegal travel abroad, as part of broader efforts to curb human smuggling and unauthorized migration.
