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Mettis Global News
Mettis Global News

CPI Preview: Inflation to fall to around 17% YoY in April

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

Pakistan discusses second 'CPEC Cultural Caravan' with diplomats
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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

Posted on: 2023-12-14T11:29:50+05:00