Pakistan, April 26 -- Pakistan is taking active steps to attract Chinese industries affected by high US tariffs. In response to the ongoing US-China trade dispute, the government is preparing a detailed roadmap to encourage Chinese businesses to relocate operations to Gwadar. The plan includes offering incentives and creating a favorable environment in the China-Pakistan Economic Corridor (CPEC) zone.

The Cabinet Committee on Chinese Investment Projects (CCoCIP) has directed key departments to act swiftly. The Board of Investment and Ministry of Industries have five days to finalize a strategy. Meanwhile, the Ministry of Commerce has been told to immediately allow exports of Potassium Sulphate fertilizer from Gwadar Port through a new re...