PM Sharif assures removal of all hiccups as Pakistan, China business firms sign $4.2 billion pacts

ISLAMABAD: Pakistan and China have signed 21 memorandums of understanding and joint ventures worth $4.2 billion to enhance business-to-business (B2B) cooperation in diverse areas, Pakistani state media reported on Thursday, with Prime Minister Shehbaz Sharif assuring Chinese businessmen removal of all hiccups in investment procedures. The agreements were signed at the second Pakistan-China B2B Investment Conference in Beijing that Sharif as a reflection of the “iron-clad brotherhood” between Pakistan and China, unveiling his plans for greater economic cooperation between the two countries.

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