Pakistan and China have reaffirmed their commitment to the China-Pakistan Economic Corridor, a flagship project of the Belt and Road Initiative, which continues to be a cornerstone of bilateral relations. This commitment was made during a meeting between Minister for Planning, Development Ahsan Iqbal and Vice Chairman of the National Development and Reform Commission of China Zhao Chenxin, in Beijing. The meeting underscored the mutual commitment of Pakistan and China to further strengthen their All-Weather Strategic Cooperative Partnership. During the meeting, both sides reviewed the progress of the CPEC with an emphasis on ensuring the timely completion of projects and launching an upgraded version of the CPEC as per the agreement reached at the leadership level. They highlighted significance of CPEC projects in enhancing connectivity, trade, and socio-economic development in the region. It was agreed to fast-track the work on the ML-I project, KKH realignment and, the Sukkur- Hyderabad motorway which is the only missing link within the Karachi-Peshawar motorway network. Discussions were also held on expanding the scope of cooperation to new areas such as technology, innovation, education, connectivity, and renewable energy. Vice Chairman NDRC highlighted the potential for increased Chinese investment in Pakistan, particularly in the Special Economic Zones being developed under CPEC. Zhao Chenxin reaffirmed China's support for Pakistan's development initiatives and expressed confidence in the continued success of the partnership between the two countries. Source: Radio Pakistan
Related Articles
Govt prioritized maximum relief for poor in budget, despite limited resources: Malik
Minister of State for Finance and Revenue Ali Pervaiz Malik has said that the Federal Government has extended maximum relief to poor people in the budget 2024-25 despite limited resources.
Talking to private news channel, the Minister said that taxe…
Improving law, order situation in KP top priority of govt: CM Ali Amin
Khyber Pakhtunkhwa Chief Minister Ali Amin Khan Gandapur says improving law and order situation in the province is top priority of his government.
Talking to media in Dera Ismail Khan today, he said all out efforts will also be made to improve standa…
Govt taking steps for ports’ development: PM
Prime Minister Shehbaz Sharif has said the government is taking steps for the development of Pakistani ports to provide the shortest sea corridor to regional countries, especially the Central Asian states.
He said this during his visit to Hutchison P…