The Pakistan Pavilion at the prestigious China International Fair for Trade in Services (CIFTIS) 2024 was inaugurated today by Ambassador Khalil Hashmi, accompanied by Mr. Zhang Yanqing, Deputy Secretary-General of the People’s Government of Pingdingshan City. CIFTIS, recognized as one of the world’s largest platforms for trade in services, presents a unique opportunity for countries to showcase their strengths in the services sector and engage in global trade relations. This year’s Pakistan Pavilion sets itself apart by adopting a public-private partnership model in its setup and operations. The aim is not only to inform visitors of the vast investment opportunities in Pakistan but also to offer a practical understanding of how businesses can establish and grow within the country. The pavilion features industrial park operators and development authorities, offering attendees direct access to valuable expertise on infrastructure and investment-ready environment in Pakistan. Welcoming the attendees, Ambassador Hashmi highlighted 13 priority sectors for investment in Pakistan, ranging from manufacturing and technology to energy, agriculture, and infrastructure development. He acknowledged the valuable contributions of Pakistani organizations participating in CIFTIS, including the Export Processing Zone Authority (EPZA), Green Pakistan Initiative, Dhabeji Economic Zone, Allama Iqbal SEZ, National Bank of Pakistan, and others, which are pivotal in fostering B2B relationships between Pakistan and China. The Ambassador stated that as part of Pakistan’s efforts to further economic engagement with China, the Embassy will also host the Pakistan Investment Conference: Together for a Shared Future during CIFTIS. The conference, alongside panel discussions, interactive sessions, and B2B meetings, is expected to serve as a powerful platform for Pakistani and Chinese businesses to explore new avenues of cooperation and develop meaningful partnerships.
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