UCBZ to help boost Pak products to China

ISLAMABAD - In an initiative to promote Pakistani exports to China, a ‘Pakistan National Pavilion’ is going to be set up in Urumqi comprehensive bonded zone (UCBZ), and Urumqi integrated pilot zone to display Pakistani products, CEN reporter on Thursday.

Ma Xiaoyan, Chairman of UNI International Business said that Urumqi, capital city of Xinjiang Uygur Autonomous Region, is Belt and Road Initiative’s core location, where made-in-Pakistan items would attract Chinese and international consumers. The opening ceremony of the pavilion is expected to be held in April this year.

“We are working in Pakistan for the last 15 years and providing local value-added service on consulting and trading with Chinese companies and local Pakistani enterprises in the sector of agricultural, power transmission, power generation, industrial projects, mine and mineral projects, and CPEC infrastructure projects,” he said.

He further said that the implementation of the 2nd phase of China-Pakistan Free Trade Agreement (CPFTA) has allowed Pakistani products on zero duty to the Chinese market, and the pavilion facility would offer Pakistani traders an opportunity to market their products here.

He stated that Pakistan has huge agriculture-related and food-related processing investment opportunities to make value addition, then export finishing products to China under FTA and Gulf countries by gaining foreign exchange and creating employment opportunities in Pakistan.

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