Leadership of Korangi Association of Trade & Industry (KATI) has congratulated Prime Minister Imran Khan on his successful visit to china and applauded his diplomatic efforts to strengthen Pak-China trade relations. In a statement Patron in Chief of KATI SM Muneer, President Sheikh Umer Rehan, Senior Vice President Mohammad Ikram Rajput and Vice President Syed Wajid Hussain expressed hopes PM Khan recent visit to China will enhance the economic ties of both country and pace of work on CPEC.

SM Muneer said that PM Khan timely visited the friendly country which would certainly play a key role to put our economy on fast track. He was of view that establishment of CPEC development authority under the supervision of PM office will expedite work on CPEC and it will impact positively on both countries’ economy. He applauded the initiatives taken by PM Khan for the promotion of Chinese investment in industrial sector of Pakistan. SM Muneer said that entire Pakistani nation is thankful to the Chinese President Xi Jinpingfor his unconditional support to Pakistan especially on Kashmir issue.

President KATI Sheikh Umer Rehan said that PM Khan has put economy on the priority of his foreign policy which was long needed to fight back the economic woes. “Business community is very much hopeful these efforts would bring positive changes in economic conditions” he added. Umer Rehan said that it was learned that trade agreement between both countries was also come into the discussion and PM Khan is continuously working to maintain trade balance between both countries. He said we see as a step forward towards enhancement of Pakistan’s exports. He also showed hope that PM Khan’s recent visit to China will also bring foreign investment to industrial sector of country which would ultimately provide the conditions needed to economic prosperity and employment opportunities.

Photo Caption:Karachi Shipyard & Engineering Works steel cutting ceremony inaugurated by Vice Admiral Fayyaz, Rear Admiral Ather Saleem and Mr. S. M. Muneer. Also present were Mr. Noor Ahmed Khan (VP FPCCI) and Mr. Zaki Ahmed Sharif.