WORLD'S LARGEST MULTINATIONAL COMPANIES ARE LIKELY TO MOVE FROM CHINA TO PAKISTAN

Ongoing tensions between China and the United States, the possibility of the world's largest multinational companies moving from China to Pakistan.

It is hoped that the Chinese industry can move to Pakistan, which can increase Pakistani exports. Due to ongoing tensions between China and the United States, the world's largest multinational companies are likely to move from China to Pakistan, the latest report of the Canadian Research Advisory said that it is hoped that the Chinese industry could move to Pakistan, which will increase Pakistani exports. May be. In this regard, it has been further said that last year he had hinted to shift his industry to Pakistan.

According to the advisory report, Pakistan is expected to receive multilateral and bilateral resources worth about 12 million this year. In the last 12 months, Pakistan has invested equivalent to a current account deficit of 11 million. Imran Khan's Special Assistant for Trade and Trade Abdul Razzaq Dawood says Pakistan has improved in 10 sectors, moving from 136th to 108th in the EODB rankings, a sign of the government's commitment to improving the economy.

In April, Pakistan received 1.4 billion in installments from the IMF to fight the corona virus, with a total of 5 2.5 billion in aid from the World Bank and the Asian Development Bank. Keep in mind that tensions are rising between the United States and China. The United States has forcibly closed a Chinese embassy in response to which China has closed and occupied a US embassy.

On the other hand, a new alignment of the region is under way and Pakistan, China, Afghanistan and Nepal have agreed to increase cooperation. The foreign ministers of Pakistan, China, Afghanistan and Nepal attended a video conference yesterday, which is being seen as a new alignment between the countries of the region.

 

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