BEIJING: Federal Minister and Chairperson Benazir Income Support
Programme (BISP), Farzana Raja has signed two significant MoUs with
Chinese organizations working in the field of public welfare, education
economy and energy.
According to the press release issued here
on Wednesday, the first MoU,a bilateral agreement between BISP and
China Culture Heritage Foundation has been signed aiming at
establishment of mutual cooperation mechanism for international
collaboration to find and convinced the corporate, public as well as
individual donors for raising funds for BISP.
Under the MoU,
this cooperation would particularly include public welfare, education,
economy and trade whereby both parties have agreed to establish a
platform for information and resource sharing for meeting the
objectives of the MoU.
Meanwhile, a tripartite MoU was signed
between BISP, China Cultural Heritage Foundation and M/s Xianjiang
Zhongyuan, petroleum and natural gas group Co. Ltd. of China. Under
this MoU, all the parties agreed to work together in corporation with
each other for accomplishment of intended investments of M/s Xianjiang
Co in Hydro Electric power and mining projects in Pakistan.
It
was agreed that with reference to its corporate social
responsibilities, M/s Xianjiang Co will donate two percent of the net
profit gain from its potential investment and intended business in
Pakistan to cause of BISP and CCHF each.
It was further agreed
that M/s Xianjiang Co will also establish and investment center in
Beijing with the name of, Beijing Mineral Resource and energy center,
to serve as platform to guide and promote Chinese investments in
Pakistan. Bu He, Senior leader of China was also present on the
occasion of the signings of the MoUs.
On the occasion, e
Farzana informed the audience about the various initiatives and
developments of being made by BISP which are bringing about
revolutionary changes in socio-economic life of 6 million poor people
in Pakistan.
She said that as a result of recently held
nationwide poverty survey, the number of the beneficiary families of
BISP would rise up to 7 million. She further said, “I choose China as
my first destination for increased collaboration because China is our
most trust worthy and all weathers friend. Pakistan-China relations are
close, time tested and unaffected by shifts in the global political
environment.”
Geng Yeng, Chairman China Culture Heritage
Foundation while appreciating the efforts of BISP said that China and
Pakistan have been and will always be good neighbors’ good friends,
good partners and good brothers. Online
