Pakistan asks China to bid for PSM - News Summed Up

Pakistan asks China to bid for PSM


A man walks past machines at the hot strip mill department of the Pakistan Steel Mills (PSM) on the outskirts of Karachi, Pakistan. During the 9th Joint Cooperation Committee (JCC) of CPEC meeting, Pakistan had given an understanding to China that it wanted to include PSM in the CPEC framework. Finance Minister Hammad Azhar said on Wednesday that bidding for PSM privatisation would be held this week. Sources said that Pakistan was keen to sign a framework agreement on industrial cooperation during the next JCC meeting. Towards the end, the finance minister lauded China for its continuous support in provision of Covid-19 vaccine for fighting the disease effectively.


Source: The Express Tribune April 02, 2021 03:33 UTC



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