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Home China-Pakistan

Pakistan, China held B2B virtual forum to boost economic ties

News Desk by News Desk
February 15, 2025
in China-Pakistan
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Pakistan, China held B2B virtual forum to boost economic ties
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Pakistan, China held B2B virtual forum to enhance investment in mineral sector and boost economic ties

In an effort to enhance bilateral investment and cooperation in the mineral sector, Pakistan and China hosted a virtual business forum on mineral trade. Organized by the Trade Development Authority of Pakistan (TDAP) in collaboration with the Trade & Investment Counsellor (TIC) in Guangzhou, the event brought together 45 industry leaders from both nations. Discussions focused on Pakistan’s rich mineral resources, including copper, gold, chromite, and iron ore, while emphasizing the importance of value addition and infrastructure development to increase exports. Officials also highlighted investment prospects in key projects such as the Saindak Copper Mine and the Tethyan Belt reserves.

As a major consumer of raw materials, China showed keen interest in sourcing minerals from Pakistan. TIC Guangzhou representative Muhammad Imran pointed out the rising Chinese demand for iron ore, pyrite, and copper concentrates. Industry leaders from both countries explored ways to simplify trade procedures and enhance efficiency in mineral exports.

One of the major announcements at the forum was the introduction of a Minerals Investment Pavilion at the upcoming Health, Engineering & Minerals Show in Lahore this April. This initiative aims to provide a platform for Pakistani exporters to connect directly with potential Chinese buyers, fostering stronger business ties.

TDAP officials stressed the necessity of improving trade mechanisms and implementing investment-friendly policies to expand Pakistan’s mineral exports while reducing dependence on raw material exports. The forum represents a significant step toward strengthening Pakistan’s role in the global mineral supply chain and deepening its economic partnership with China.

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