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PIBF welcomes Pak-China MoUs, calls for economic reforms to ensure sustainable growth

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LAHORE  –  The Pak International Business Forum (PIBF) has welcomed the recently signed MoUs between Pakistan and China in various sectors including industry, energy, infrastructure, technology, agriculture and trade, describing the development as a positive step toward strengthening bilateral economic cooperation. PIBF President Dr Mushtaq Mangat said the agreements reflect growing international confidence in Pakistan’s economic potential and can help promote industrial growth, technology transfer, employment generation and exports. “Pakistan and China enjoy a longstanding strategic partnership and these agreements can open new opportunities for economic progress. However, practical economic reforms are essential to convert these understandings into sustainable prosperity,”…

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