Pakistan Eyes on Technology, China’s Help to Revitalize Agriculture
Iqbal assured that Pakistan is utilizing all available resources to ensure the safety of Chinese investors
Minister for Planning, Development, and Special Initiatives, Professor Ahsan Iqbal, emphasized the need to leverage China’s expertise and technology in Pakistan’s agriculture sector on Tuesday. Once the backbone of Pakistan’s economy, the agriculture sector now requires innovation and growth.
Ahsan Iqbal made these remarks while chairing a meeting to discuss Prime Minister’s recent visit to China. During the meeting, officials explored sending provincial agriculture experts to China for development and knowledge exchange. The goal is to modernize Pakistan’s agriculture sector by adopting Chinese advancements.
He highlighted that exchanging trade delegations between Pakistan and China would strengthen trust between their private sectors. To facilitate this, Pakistan plans to address the issue of visa procedures with the Chinese embassy, aiming to ease the process for Pakistani entrepreneurs.
Iqbal assured that Pakistan is utilizing all available resources to ensure the safety of Chinese investors and officials in the country. This commitment is part of a broader effort to attract and secure foreign investments.
The minister reaffirmed the federal government’s dedication to providing all possible facilities to private investors. He stressed the importance of removing obstacles that hinder foreign investment, ensuring a favorable environment for trade and investment in Pakistan.
He also instructed relevant authorities to develop a framework for transferring Chinese industries to Pakistan. The framework, which should be completed within a week, will outline the standards and outcomes needed for the successful integration of these industries into Pakistan’s economy.
Iqbal’s directives reflect the government’s focus on enhancing industrial cooperation with China. By doing so, Pakistan aims to boost its economic growth and create more opportunities for its workforce.
This approach aligns with Pakistan’s broader economic strategy to attract foreign investment, improve industrial output, and enhance the country’s agricultural productivity. The meeting concluded with a strong commitment to fast-tracking these initiatives, ensuring that Pakistan can benefit from China’s technological advancements and industrial expertise.
The federal government is keen to see these plans materialize quickly, with a clear focus on delivering tangible results. This includes both the transfer of technology and the creation of a more investor-friendly environment. The collaboration with China is seen as a critical step in revitalizing Pakistan’s economy and strengthening its industrial and agricultural sectors.
Overall, the minister’s statements and directives highlight a proactive approach to economic development, with a strong emphasis on international collaboration and the adoption of advanced technologies. The government’s commitment to these goals is expected to play a significant role in shaping Pakistan’s economic future, particularly in the agriculture and industrial sectors.
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