Commerce Minister's strategic meeting with Hengli Group advances CPEC's second phase

News Image

By MG News | December 14, 2023 at 11:29 AM GMT+05:00

0:00

December 14, 2023 (MLN): To harness Chinese expertise and cutting-edge technology through the second phase of the China-Pakistan Economic Corridor (CPEC), Commerce Minister Dr. Gohar Ejaz engaged in a productive meeting with the Hengli Group as a part of his visit to China to strengthen economic ties.

According to a press release issued on Wednesday, the Commerce Minister visited the Hengli Group headquarters, a trailblazing entity in oil refining, petrochemicals, polyesters, and textiles.

The visit showcased the impressive journey of Hengli Group, from its roots as a Suzhou weaving factory in 1994 to its current status as the operator of the world's largest terephthalic acid plant—an inspiring transformation.

The delegation, led by Minister Dr. Gohar Ejaz, engaged in a highly productive exchange with Hengli Group representatives, delving into potential collaboration opportunities.

The discussions were centered around leveraging CPEC to foster private-sector partnerships.

Minister Dr. Gohar Ejaz expressed the commitment to facilitating and nurturing such collaborations, emphasizing the role of these partnerships in driving economic growth and generating employment opportunities for the people of Pakistan.

The interaction with the Hengli Group exemplifies the shared vision of both nations to strengthen economic ties, laying the groundwork for mutually beneficial partnerships that align with the goals of CPEC's second phase.

Dr. Gohar Ejaz remains committed to advancing Pakistan's economic interests and fostering a robust and dynamic relationship with China.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 130,344.03
345.79M
1.67%
2144.61
ALLSHR 81,023.99
1,021.87M
1.55%
1236.37
KSE30 39,908.26
141.62M
2.05%
803.27
KMI30 189,535.00
150.29M
1.40%
2619.39
KMIALLSHR 54,783.66
508.76M
1.07%
581.78
BKTi 34,940.73
55.86M
4.37%
1464.05
OGTi 28,296.06
16.02M
1.19%
333.47
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 107,885.00 108,430.00
105,440.00
2135.00
2.02%
BRENT CRUDE 67.72 68.10
66.94
0.61
0.91%
RICHARDS BAY COAL MONTHLY 97.50 0.00
0.00
0.75
0.78%
ROTTERDAM COAL MONTHLY 108.25 110.00
108.25
0.75
0.70%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 66.09 66.43
65.23
0.64
0.98%
SUGAR #11 WORLD 15.64 15.97
15.62
-0.06
-0.38%

Chart of the Day


Latest News
July 02, 2025 at 05:29 PM GMT+05:00

CDNS revises profit rates on savings schemes


July 02, 2025 at 05:05 PM GMT+05:00

PSX in FY25: From Oof to Boom


July 02, 2025 at 05:01 PM GMT+05:00

Gold price in Pakistan falls Rs600 per tola


July 02, 2025 at 04:35 PM GMT+05:00

Oil gains slightly as market eyes Iran, OPEC+ moves


July 02, 2025 at 04:02 PM GMT+05:00

PSX Closing Bell: Record Breaker



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg