Leading logistics and business companies from Pakistan held an important meeting with Chinese business delegation from the All-China Federation of Industry and Commerce (ACFIC). The delegation was currently visiting Pakistan to explore strategic trade and investment opportunities. During the meeting, both sides agreed to establish a China–Pakistan Joint Business Consortium to develop a Regional Logistics Hub, aimed at strengthening regional connectivity and enhancing trade logistics frameworks.
It was mutually decided that Pakistan will take the lead in developing and managing this logistics framework, reflecting the country’s emerging strategic role in regional trade and transportation. At the conclusion of the meeting, a mutual framework Memorandum of Understanding (MoU) was signed. Under this MoU, it was decided that Pakistan will play a pioneering role in implementing the framework.
Following the signing ceremony, both agreed to establish a B2B Working Group comprising key stakeholders from Pakistan and China to execute joint logistics projects and facilitate business partnerships under this initiative. This landmark initiative is expected to significantly boost trade connectivity, streamline logistics operations, and create new economic opportunities for both Pakistan and China, further strengthening bilateral economic ties and supporting regional commercial integration.
The meeting was attended by representatives from leading Chinese and Pakistani enterprises, including Precise Development (HK) Limited, the All-China Federation of Industry and Commerce (ACFIC), Yunchuan Cross-Border Company, Aviation Industry Association, Sanlian International Corporation, Super Era International Company, Xinfeng Iron Transport Company, Shenzhen A&E Container Transportation Co. Ltd., Pakistan Intermodal Limited (PIL), and Habib Rafiq (Pvt.) Limited (HRL)
These companies will jointly collaborate with ACFIC and Precise Development (HK) Limited to bring Chinese logistics players into Pakistan’s logistics ecosystem. This coordinated effort aligns with the strategic vision of the Ministry of Maritime Affairs, under the leadership of the Federal Minister for Maritime Affairs, who is spearheading this initiative to elevate Pakistan as a regional logistics hub.
Credit: Independent News Pakistan (INP) — Pak-China