AgroPages-Pakistan and China strengthen cooperation in agriculture and biotechnology field-Agricultural news

A China-Pakistan Trade and Investment Symposium was held at the Embassy of Pakistan in Beijing.

On the occasion, Pakistan's Ambassador, Masood Khalid stated that Chinese companies can team up with their Pakistani counterparts to develop agriculture sector, especially in biotechnology field by introducing new and innovative technologies, for the food security of the two countries.

Pakistan being an agricultural country, Chinese companies could join Pakistani entities to develop the agriculture research and development sector for our common food security.

He urged the Chinese business community to explore Pakistan's vast market potential. There were several products like cotton, cotton yarn, leather, rice, cereals, animal feed, stones, marble and gems for jewellery, fruits and vegetables where joint ventures could be considered, he added.

A spokesperson of the Punjab Board of Investment and Trade (PBIT), Director General, Lubna Pathan said the event aimed at enabling participants from Pakistani business and investment community to interact with their Chinese counterparts to expand mutual cooperation and investment, explore opportunities and promote trade contacts.

A framework memorandum of cooperation between Beijing Zhubang Commercial Center, Beijing International Economic and Trade Development Association and PBIT was also signed during the occasion.