The signing ceremony for Letter of Exchange for provision of ‘Vocational School Equipment and Material’ was held today at the Ministry of Economic Affairs. Government of China, under this project, will provide training equipment for the vocational training institutes/ schools around Pakistan through National Vocational and Technical Training Commission worth USD 4 million (approx 650 million Rupees). H.E Mr. Yao Jing, Ambassador of People’s Republic of China to Pakistan and Dr. Wang Zhihua, Minister Counsellor, Embassy of China in Pakistan attended the ceremony and from Pakistan side Mr. Noor Ahmed, Federal Secretary of Economic Affairs Division signed the LOE.
The Ambassador reassured cooperation by Government of China for socio-economic development in Pakistan. A number of projects under social welfare of the poor and vulnerable people are already under progress like cooperation in PM’s Low Cost Housing Scheme and boosting rural economy through agricultural support. Government of China has also supported Pakistan to mitigate the impact of COVID-19 pandemic, pesticide and equipment has been provided to control the locust spread in the southern parts of the country. The ambassador also appreciated the continuity of CPEC projects particularly establishment of export-based industry in Special Economic Zones under SEZs despite challenging conditions globally due to pandemic.
Secretary Economic Affairs reiterated strong commitment towards further strengthening and expanding of bilateral economic cooperation between China and Pakistan. Both sides agreed that all the on-going initiatives will be pursued very closely to achieve the targeted completion so that people of Pakistan can benefit from the Chinese assistance in a more productive manner.
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