ISLAMABAD: A five-day Pakistan-China Business Friendship Conference began in Islamabad on Monday.
The conference has been organized by ministry of commerce in collaboration with the Board of Investment and Trade Development Authority of Pakistan.
Inaugurating the conference, Minister for Commerce Khurram Dastgir Khan said improved law and order situation in Pakistan would attract foreign investment.
He said meetings between Chinese delegation and traders of Pakistan would promote trade between the two countries. He expressed the hope that the trade volume between the two countries would be increased to US$30 billion this year.
The commerce minister said China was a major partner and reliable friend of Pakistan.
Addressing the conference, Minister for Planning and Development Ahsan Iqbal said the friendship conference would strengthen trade relations between Pakistan and China.
He expressed the hope that US$46 billion Chinese investment on China-Pakistan Economic Corridor (CPEC) would go up to US$100 billion.
The minister said CPEC would benefit three billion population of the region.
The conference is being attended by a hundred member delegations from China, heads of Chinese Companies working in Pakistan and prominent traders and businessmen of Pakistan.