Islamabad: President Asif Ali Zardari observed the signing of three Memorandums of Understanding (MoUs) between Pakistani and Chinese companies in Urumqi.
The agreements aim to bolster Pakistan’s economy and public services.
One pact, between Loyang Modern Biotechnologies and Sindh’s government, targets upgrading Pakistan’s livestock sector. Minister Nasir Shah represented Sindh.
Another agreement, between Beijing Asian Africa Longyue and ASM Services, concerns developing a modern textile industrial park within Pakistan.
The final MoU, between Sichuan Chuanxiao Fire Trucks Manufacturing Company and ASM Services, outlines collaboration on supplying and servicing fire trucks and emergency gear for Pakistan.
President Zardari stated these agreements would create new opportunities between the two nations in sectors crucial for Pakistan’s economic progress and public well-being. He emphasized that livestock modernization would enhance food security and rural employment, the textile park would stimulate industrial expansion and exports, and the emergency equipment partnership would strengthen Pakistan’s disaster response capabilities.
Senator Saleem Mandviwalla, Pakistan’s ambassador to China, and China’s ambassador to Pakistan also attended the signing ceremony.