Speaking on the occasion, the chief minister appreciated Chinese investment in Pakistan. He said that the CPEC project has contributed significantly to the ties between the two countries.
Buzdar apprised the Chinese delegation of the best investment opportunities in Punjab. Furthermore, he assured them of his government’s support.
The two countries are already utilizing local currency to settle payments between buyers and sellers. A Pakistani company recently imported heavy machinery from China by paying RMB 327 million.
The decision to trade in local currency was taken during Prime Minister Imran Khan’s visit to Beijing. A regulatory framework has also been made available to facilitate Chinese currency transactions in trade and investments.
