PM predicts bright future of Pak-China cooperation under CPEC

  • Says under unique all-round partnership, Pakistan’s socio-economic development undergone tremendous changes
  • Set to travel to Xinjiang to strengthen trade, investment, and people-to-people relations

BEIJING: Pakistani Caretaker Prime Minister Anwaarul Haq Kakar on Tuesday stated that based on the principles of mutual trust and sharing, a bright future of Pakistan-China cooperation should be entirely predictable.”

Pakistani Caretaker Prime Minister Anwaarul Haq Kakar while attending the Pakistan-China Business Forum, according to China Economic Net (CEN), noted that China and Pakistan are holding a series of celebrations for the 10th anniversary of the Belt and Road Initiative and the China-Pakistan Economic Corridor (CPEC).

And he was honored to participate in the third Belt and Road Summit Forum at such a special moment.

“Due to this unique all-round partnership, Pakistan’s socio-economic development has undergone tremendous changes in the past decade. Our infrastructure and technological levels have ushered in all-round upgrades, and the progress in the employment field has also been obvious to all,” Kakar emphasized.

“For now, Pakistani society generally believes that cooperation has brought development and progress to Pakistan, reducing doubts caused by backwardness and misunderstandings. At present, we should focus on how to keep this development and progress sustainable and extend the positive effects to our neighbors such as Afghanistan and other countries in the region.”

Prime Minister Kakar emphasized that Pakistan is considering creating new growth drivers to increase the well-being of the wider region, especially the majority of farmers.

At this point, both China and Pakistan are determined to strengthen regional trade, seek more cooperation opportunities, and provide services for dozens of countries. billions of people creating a better future.

“Next, the teams between the two countries will also conduct deeper cooperation discussions, focusing on diversification and innovation. Based on the 2020 Industrial Cooperation Framework Agreement between the two sides, we will take a new step. We always welcome all partners with an open attitude and invite all willing Chinese companies to invest here,” the PM expressed his expect earnestly.

 

PM to seek investment opportunities during his visit to Xinjiang

Meanwhile, PM Kakar will travel to Urumqi, Xinjiang Autonomous Region this week to meet local leaders and business representatives, with the goal of strengthening trade, investment, and people-to-people relations.

According to China Economic Net (CEN), “To further strengthen regional connectivity, trade, investment and people-to-people contacts between the neighbouring regions of Pakistan and China, PM Kakar will pay a two-day visit to Urumqi, Xinjiang Uyghur Autonomous Region of China.

In Urumqi, he will meet the local leadership and business persons, and deliver a speech at Xinjiang University.

The prime minister’s visit comes in the backdrop of ongoing celebrations marking the 10 years of the China-Pakistan Economic Corridor (CPEC), the flagship project of China’s Belt and Road Initiative (BRI).”

Earlier, he received a red carpet welcome when arrived Beijing on his official visit.

The PM is participating in the ‘Third Belt and Road Forum (BRF) for International Cooperation,’ taking place in Beijing from October 17 to 18. The premier is visiting China on the invitation of Chinese President Xi Jinping.

The Prime Minister’s Office, in a statement, announced that PM Kakar will deliver a speech at the high-level forum themed ‘Connectivity in an Open Global Economy’ on October 18.

During his visit to China, the Prime Minister will engage in bilateral meetings with President Xi Jinping, senior Chinese leaders, and other international dignitaries attending the Forum.

He will also meet with prominent Chinese business figures with the aim of bolstering bilateral trade and investment.

This visit by the Prime Minister occurs within the context of the ten-year celebrations of the China Pakistan Economic Corridor (CPEC), which stands as a flagship project of China’s Belt and Road Initiative.

During his visit, the Prime Minister will underscore the significant achievements of CPEC and lay out the future priorities for the project, reaffirming Pakistan’s steadfast commitment to advancing its high-quality development.

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