Six Pakistan-China B2B conferences have resulted in around $22 billion in proposed investments and joint ventures, with about 30% of earlier commitments, totaling $6 billion, already progressing. These initiatives aim to boost local production, reduce imports, and enhance exports in sectors like pharmaceuticals and medical devices. Further conferences are planned for semiconductors and sports goods. Such significant foreign investment and economic activity could strengthen Pakistan's economy and potentially ease pressure on the USD/PKR exchange rate.
بحوالہ / Source: www.brecorder.com