ISLAMABAD: Federal Minister for Information and Broadcasting Chaudhry Fawad Hussain today said Pakistan had a conducive environment for investors and the government had signed various Memorandum of Understandings (MoU) with China in different fields.
Talking to a private TV channel, he said one US$ 15 billion MoU signed between the two countries on trade would be done in the local currency of China (Yuan).
He said China had not signed the China Pakistan Economic Corridor (CPEC) project with any particular government but with Pakistan, adding the relations between countries were not based on personalities but on a state basis.
To a question, he said corruption was the identification of Nawaz Sharif everywhere. He criticized the Sindh government and police, saying that without Rangers Sindh police performance was zero, adding Sindh government had not spent Rs 75,000 crore on public welfare.
Fawad said the federal government would address all the challenges including corruption, adding steps were being taken to regulate media.