ISLAMABAD — Chinese Ambassador Yao Jing, in a meeting with Prime Minister Imran Khan on Thursday, announced that China is poised to enhance its investment and trade activities with Pakistan in the upcoming phase of the China-Pakistan Economic Corridor (CPEC).
The ambassador reaffirmed the robust friendship and partnership between the two nations.
During the meeting, Ambassador Yao Jing provided an update on the progress of ongoing CPEC projects and expressed China’s commitment to strengthening its ties with Pakistan through increased economic collaboration. He stated that the next stage of CPEC would focus on boosting investments and expanding trade relations between the two countries.
Prime Minister Imran Khan welcomed the commitment from China, emphasizing the longstanding friendship and strong partnership that exists between Pakistan and China. He lauded the vision of Chinese President Xi Jinping for steering the socio-economic development of China and expressed Pakistan’s eagerness to learn from the Chinese experience to uplift its own society.
Highlighting the significance of the China-Pakistan Economic Corridor, Prime Minister Imran Khan noted that CPEC has added a new dimension to the bilateral relationship, ushering in opportunities for economic growth and development. He reiterated Pakistan’s dedication to ensuring the timely completion of CPEC projects.
The Prime Minister expressed satisfaction at the substantial progress made on various CPEC initiatives, reflecting positively on the collaborative efforts of both nations. He emphasized the importance of technology transfer and capacity-building in the agricultural sector, citing the potential for these measures to directly impact poverty alleviation in rural areas.
The discussion between Prime Minister Imran Khan and Ambassador Yao Jing underscores the strategic importance of the China-Pakistan partnership, especially within the framework of the ambitious CPEC initiative. The commitment to increased investment and trade signifies a continued effort to deepen economic ties and capitalize on the mutual benefits of this significant collaboration.
CPEC, a flagship project of China’s Belt and Road Initiative, aims to enhance connectivity and foster economic development in the region. As both countries embark on the next phase of CPEC, the focus on heightened investment and trade is expected to contribute substantially to the economic prosperity of Pakistan and strengthen the enduring friendship between the two nations. The upcoming developments in CPEC will be closely monitored, as they hold the potential to shape the economic landscape of both Pakistan and China in the years to come.
