Onset of Year of the Rooster: PCI Signs MoU with ACCA
Source : Pakistan-China Institute (PCI) Date : 02-02-2017
Islamabad: The Pakistan-China Institute and the Association of Chartered Certified Accountants (ACCA) signed a memorandum of understanding to work together to promote orientation of the accounting profession and business community about issues related to CPEC and OBOR.
The MOU signed in Islamabad on Wednesday, 1st of February, seeks to establish an institutionalized liaison between the two organizations and lay the foundation for future cooperation.
Pakistan-China Institute, the first of its kind non-governmental and non-partisan think-tank, seeks to work with ACCA Global, the leading professional accountancy body, in supporting the learning of ACCA members in Chinese business language and culture.
Helen Brand, CEO of ACCA Global, emphasized on the need to work on the emerging financial opportunities in CPEC and OBOR, as ACCA’s students and members study and work in countries which are directly and indirectly impacted by OBOR.
“ACCA’s values reflect on those of CPEC and OBOR and I hope this cooperation provides channels for academic and commercial connectivity”.
In keeping with their research and insights vision, ACCA aims to gain a better understanding of how the various OBOR projects may affect the work of professional accountants including finance leaders who are formulating finance strategies and developing plans for their organizations.
Taking a proactive attitude to stakeholder education and dialogue initiation, ACCA has reached out to the Pakistan China Institute as the original thought leader on the China Pakistan Economic Corridor or CPEC. This partnership provides a great opportunity for creating a learning base that will benefit ACCA members and students in both countries, as well as forging greater relations with Chinese and Pakistani business finance leaders.
Chairman of Pakistan’s Parliamentary Committee on CPEC, Senator Mushahid Hussain Sayed remarked, “this MoU is being signed in the onset of the Chinese Year of the Rooster which symbolizes waking up for the new dawn, and PCI and ACCA are initiating this collaboration with hard work and the same zeal.”
Chief Guest, Chinese Ambassador H.E Sun Weidong appreciated the efforts of Pakistan-China Institute for promoting relations between the two countries and expressed confidence for ACCA in contributing significantly to it. “Belt and Road proposed by President Xi Jinping for peace, cooperation and mutual understanding and benefits which have been the spirit of Silk Road for thousands of years, and can be felt today in this collaboration”.
The event was concluded after the MoU signing by Sajjeed Aslam and Mustafa Hyder Sayed in the presence of witnesses of both ACCA Pakistan and PCI.
The event was attended by Chinese Ambassador H.E Sun Weidong, Chairman of Parliamentary Committee on CPEC, Senator Mushahid Hussain Sayed, ACCA Global’s CEO, Helen Brand, and renowned parliamentarians, including, Senator Javed Abbassi, Chairman Senate Standing Committee on Law and Justice, Senator Nuzhat Sadiq, Chairperson Senate Foreign Relations Committee, Qaiser Shaikh, Member National Assembly and Chairman Finance Committee of National Assembly, Dr. Shezra Ali, Member National Assembly and Special Envoy of Prime Minister to UN and USA, and Senator Sitara Ayaz. Other dignitaries from the policy and financial sector, as well as, Chinese and local Corporates, and top-tier financial institutions were also present.