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Zardari encourages Chinese to invest in Pak

Keen to become a gateway for China's global exports, Pakistan President Asif Ali Zardari has offered the country's port facilities to the communist trading giant.

world Updated: Aug 23, 2009 14:43 IST

Keen to become a gateway for China's global exports, Pakistan President Asif Ali Zardari has offered the country's port facilities to the communist trading giant.

"Pakistan can be a transit to all trade to and from China. Your strength is our strength and our strength is your strength," Zardari said during a seminar at Hangzhou, capital of east China's Zhejiang Province, a major trading centre.

Pointing out that that from some Chinese cities, it takes over three weeks for the export material to reach the nearest port, Zardari said "his country's ports were nearer than China’s own water fronts."

Describing China as the world's "next super power for trade and investment," Zardari on his fourth visit to China since assuming office in last September asked the Chinese entrepreneurs to invest in his country, the APP reported.

"My country welcomes Chinese investors," Zardari said, adding with the gradual recovery in its economy, Pakistan is making efforts to explore new international markets and remove barriers for investment and trade.

"Chinese progress is becoming a lesson for the world to look at. It is the future’s superpower in terms of investment and trade," he said.