ISLAMABAD Prime Minister Syed Yousuf Raza Gilani said that Pakistan would extend all possible help to establish first-ever Chinese Overseas Economic Zone in the country, which would be yet another landmark in the all-weather friendship between the two countries. The Prime Minister was talking to Chairman of the Haier Group Lu Keng and Chairman Ruba Group Haji Koch Mohammad, who called on him at his Chamber in the Parliament House Wednesday morning. The Chinese Ambassador to Pakistan Luo Zhao Hui also attended the meeting. The Prime Minister said Pakistan welcomed the Haier-Ruba joint venture and the government would encourage more joint ventures to promote economic cooperation between the two countries. Joint ventures between the private sectors of both states were the best way to promote trade and investment, he added. The Prime Minister said that foreign investment was fully protected in Pakistan and all economic sectors were open to Foreign Direct Investment. "Pakistan makes no distinction between local and foreign investors as 100 per cent foreign equity, remittance of royalty, profits and dividends are allowed under Pakistani laws," he said. The Chairman of the Haier Group informed the Prime Minister that Chinese entrepreneurs were keen to invest in Pakistan and the establishment of the Special Economic Zone (SEZ) would go a long way in facilitating Chinese investment in Pakistan. He said the Haier-Ruba had already brought in initial investment of $ 35 million. He also gave an overview of the SEZ to the Prime Minister, which he said would comprise as industrial park, science and technology park, supply chain industry, skill development centre and research and development centre. It may be mentioned that the Special Economic Zone is being established under the Free Trade agreement (FTA) between Pakistan and China and all goods manufactured in this zone have tariff-free entry into Chinese market which would boost the country's exports. The meeting was also attended by Hina Rabbani Khar, Special Assistant to PM, Principle Secretary to PM, Secretary, Board of Investment and Secretary Industries.