Chinese investment: CCP to ink MoU with SAMR

The Competition Commission of Pakistan (CCP) will sign a Memorandum of Understanding (MoU) with China’s State Administration for Market Regulation (SAMR) to facilitate Chinese investment in Pakistan.

According to the details released by the CCP, China has made significant investments in Pakistan through the China-Pakistan Economic Corridor (CPEC) and various Chinese companies operating in the country. This investment is expected to increase manifold after the second stage of CPEC. To facilitate these expanding business activities, the CCP is preparing to put in place a comprehensive legal and regulatory framework.

The CCP is poised to sign a Memorandum of Understanding (MoU) with China’s State Administration for Market Regulation (SAMR), marking a significant milestone in bilateral cooperation. The MoU, which has received the final approval from the last Federal Cabinet, aims to enhance information sharing and technical capacity between the two countries.

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