CPEC phase-II to help transform Pakistan’s economy: PM Shehbaz
Prime Minister Shehbaz Sharif on Thursday said the second phase of the China Pakistan Economic Corridor (CPEC) would help Pakistan transform its economy.
Addressing an event organised by the Chinese Embassy to commemorate China’s 75th anniversary, PM Shehbaz said: “We are entering into the second phase of CPEC which has huge potential of mutual cooperation in the field of agriculture, information technology, mines and minerals and many other important areas of mutual interests.”
He congratulated the Chinese government and its citizens, emphasising China’s status as a global power and a vital partner in international affairs.
“The friendship between Pakistan and China is higher than the Himalayas and deeper than the oceans.”
President Asif Ali Zardari, federal ministers, diplomats, dignitaries, and senior civil and military officers were among the attendees of the event.
The prime minister also acknowledged China’s critical role during the negotiations with the International Monetary Fund (IMF). However, he stressed the need to develop in various fields including agriculture, industry and other areas to ensure development and prosperity in the country.
He reiterated that the ongoing partnership not only fostered regional development and peace but also contributed to global stability and progress, aligning with President Xi Jinping’s vision.
The PM also reaffirmed Pakistan’s support for China’s positions on international issues, including those related to Hong Kong and Taiwan.
He expressed gratitude for the warm welcome received from President Xi Jinping and the Chinese leadership during his recent visit to China, stating that the relationship between the two countries is indestructible and inseparable.
