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High-Profile Chinese Trade Delegation Visits FPCCI Karachi to Bolster Economic Ties and Joint Ventures Atif Ikram Sheikh, President FPCCI

Karachi: Mr. Atif Ikram Sheikh, President FPCCI, has apprised that a high-profile Chinese trade
& industry delegation – comprising over 50 prominent business leaders and investors – visited
the Federation House in Karachi on Monday to engage with local industrialists, traders and
investors – and, explore new avenues for economic cooperation.

Mr. Atif Ikram Sheikh explained that the visit, officially facilitated by Pakistan’s Ambassador to
China, H. E. Khalil Hashmi, marks one of the most significant and largest industrial and
investment delegations from China to Pakistan in history. The Ambassador also announced that
Pakistan is going to organize an export promotion exhibition in China – comprising of 18+
sectors representing key areas of Pakistani economy and potential exports

Pakistan’s Ambassador to China, H. E. Mr. Khalil Hashmi, emphasized the strategic importance
of this engagement. Our primary goal is to effectively transform our historic diplomatic and
strategic friendship into a sustainable, robust economic partnership.

H. E. Mr. Khalil Hashmi added that this delegation's presence in FPCCI Head Office in Karachi
is a testament to the growing desire for industrial collaboration, technology transfer and
long-term joint ventures between the private sectors of our two great nations – and, we are fully
committed to facilitating these vital connections.

Mr. Saquib Fayyaz Magoon, SVP FPCCI, informed that the delegation held important
Business-to-Business (B2B) discussions with Pakistani entrepreneurs. Both sides reached a
strong consensus on the urgent need to strengthen bilateral trade relations through direct
investment, industrial relocation, technology transfer and joint ventures.

Mr. Saquib Fayyaz Magoon highlighted that the visiting delegates represent a diverse and
strategic range of key economic sectors; including mines and minerals, chemicals, textiles,
manufacturing, renewable energy, information technology, the automobile industry, food
processing and agriculture.

Mr. Abdul Mohamin Khan, VP & Regional Chairman Sindh, FPCCI, echoing these sentiments,
elaborated that the leadership of the Federation of Pakistan Chambers of Commerce and Industry
(FPCCI) appreciates the transformative potential of this engagement for the economy of Pakistan
and employment generation.

Mr. Abdul Mohamin Khan stressed that, to successfully boost exports to China, Pakistan must
strategically shift its focus toward value-added products and stringent quality control. He noted
that there are vast, lucrative opportunities for Chinese investment – particularly in industries and
manufacturing consisting of multiple, diverse sectors – which will accelerate and enrich
broad-based economic cooperation.

Mr. Nasir Khan, VP FPCCI, urged local companies to capitalize heavily on Chinese expertise,
modern technology, extensive industrial experience and global accomplishments. He urged
Pakistani traders to use these interactions to actively explore new trade routes and investment
avenues. Furthermore, he remarked that expanding fraternal ties into the private sector and
translating them into robust economic cooperation will be a genuine game-changer.

Mr. Shabbir Mansha, Chairman of the Pakistan-China Business Council of FPCCI, reinforced the
immediate and profound need for consistent trade promotion and B2B activities between
Pakistan and China. He noted that sustained interaction is the only viable path to bridging the
existing trade gap; fostering mutual growth and ensuring that diplomatic goodwill yields tangible
economic prosperity for the people of Pakistan.

Brig Iftikhar Opel, SI (M), Retd.
Secretary General

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