China traders to explore Pakistan

KARACHI: Muhammad Haroon Agar, Chairman, Pakistan Chemicals & Dyes Merchants Association, in a press statement, stated that on his invitation, a delegation of 24-member Business Tycoons of a large Chinese industrial group is visiting Pakistan on 20th January, 2011 to explore the opportunities to setup industrial base for raw-materials in the country.

Agar articulated that owing to exorbitant and unprovoked additional charges of shipping lines for earning high profits and increased valuation advices, the import business is facing a persistent upshot from the rising cost of doing business to an alarming situation.
Agar said that such unwarranted increase in prices of imported items and raw-material is acting as detrimental for the businesses.

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Posted in: China,Chinese,cost,delegation,exchange,explore,foreign direct investment,group,investment,investors,Pakistan,Pakistan Chemicals Dyes Merchants Association