Prime Minister Shehbaz Sharif has invited Qatari investors to invest in Pakistan’s energy, aviation, agriculture and livestock, maritime, tourism and hospitality sectors.
He was talking to a delegation of the Qatar Investment Authority in Doha today (Tuesday).
The Prime Minister underlined Pakistan’s unique geographic and demographic advantages, which combine its strategic location with a huge middle-class market and a large skilled workforce.
Highlighting Pakistan’s liberal and business-friendly investment policies,, he also urged Qatari investors to explore the opportunities presented by the China-Pakistan Economic Corridor to promote regional connectivity and mutual prosperity.
Lauding Qatar’s rapid economic development under the visionary leadership of His Highness the Amir, the Prime Minister reiterated that Pakistan attaches high importance to its relations with Qatar and wanted to upgrade the traditionally warm political ties between the two countries into a comprehensive economic partnership.
He stressed the need to further enhance bilateral economic and investment engagement, particularly in the renewable energy including solar and wind power generation, aviation, maritime, industrial and infrastructure development, and hospitality sectors.
The Prime Minister assured full facilitation to QIA through transparent and expeditious processes.
A new trade plan will be unveiled within days, while US forces will transit the Taiwan Strait in the next few weeks, according to Kurt Campbell, White House coordinator for Asia-Pacific issues.
The US statement comes in the backdrop of tensions with China over House Speaker Nancy Pelosi's visit to Taiwan, a self-ruled island that Beijing considers as its own.
(AP)
The United States will boost trade with Taiwan in response to China's "provocative" behaviour, the White House has said, insisting on the right of air and sea passage through the tense strait.
A new trade plan will be unveiled within days, while US forces will transit the Taiwan Strait in the next few weeks, according to Kurt Campbell, White House coordinator for Asia-Pacific issues and an adviser to President Joe Biden.
The statement on Friday came after Beijing raged at last week's trip by US House Speaker Nancy Pelosi, launching its largest-ever military drills around the self-ruled island.
Taiwan has accused China of using the visit by Pelosi, the highest-ranking elected American official to visit in decades, as an excuse to kickstart drills that Taipei called a rehearsal for invasion.
Campbell said Pelosi's visit was "consistent" with Washington's existing policy and that China had "overreacted."
Beijing used the pretext to "launch an intensified pressure campaign against Taiwan to try to change the status quo, jeopardising peace and stability across the Taiwan Strait and in the broader region," he said. "China has overreacted and its actions continue to be provocative, destabilising and unprecedented."
In response to China's drills, the United States is reasserting its involvement in the area, while reiterating its policy of "strategic ambiguity" — diplomatically recognising China while simultaneously supporting Taiwan's self-rule.
Campbell said the administration would continue to "deepen our ties with Taiwan, including through continuing to advance our economic and trade relationship".
"For example, we're developing an ambitious roadmap for trade negotiations which we intend to announce in the coming days," he said.
Campbell said that the United States would also reassert its right to use international air and sea space between Taiwan and China.
US forces "will continue to fly, sail and operate where international law allows, consistent with our long-standing commitment to freedom of navigation".
"That includes conducting standard air and maritime transits through the Taiwan Strait in the next few weeks," he told reporters.
Campbell did not confirm what kind of deployment would be made to support the manoeuvres, saying he had no "comments about either the nature of our crossings or the timings across the Taiwan Strait."
The official noted that Biden and Chinese President Xi Jinping have asked staff to arrange an in-person summit, but he declined to comment on reports that this could take place during the G20 group meeting in Bali this November.
"We don't have anything further in terms of details on time or location," he said.
Taiwan's foreign ministry, meanwhile, thanked Washington for its "firm support" in a statement on Saturday that pointed to Washington's "concrete action to maintain security in the Taiwan Strait and peace in the region".
