Govt to unlock full economic, connectivity potential of CPEC: PM

Prime Minister Muhammad Shehbaz Sharif Thursday underlined the government’s commitment to unlock the full economic and connectivity potential of China Pakistan Economic Corridor (CPEC) through expedited and high-quality development of CPEC projects.

He emphasized the importance of key projects like Main Line One (ML-1) and
Karachi Circular Railway (KCR) in Pakistan’s development plans and expressed
desire to move towards finalization of these projects in the upcoming 11th
meeting of the CPEC Joint Cooperation Committee.

The Prime Minister expressed these views as he received Chinese Ambassador
to Pakistan Nong Rong here at the PM House, a press release issued here by
the PM Media Office said.

Expressing satisfaction on the upward trajectory of high-level exchanges
between Pakistan and China, the Prime Minister recalled his comprehensive
and wide-ranging discussions with Premier Li Keqiang in a telephone call on
16 May 2022, and their consensus to further deepen and strengthen
Pakistan-China All-Weather Strategic Cooperative Partnership.

He underscored that Pakistan and China were best friends, staunchest
partners and Iron brothers, adding, the two nations had always stood by each
other through fair weather and times of challenges, and extended support on
key issues of core interest.

The Prime Minister appreciated China’s support to Pakistan’s sovereignty,
territorial integrity and development, including in dealing with the
emerging economic challenges and volatility in global supply chains and
commodities.

Sharing Pakistan’s focus on early development of CPEC Special Economic Zones
(SEZs), he welcomed the increased investments of Chinese enterprises
especially in the country’s industrial development.

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