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China reaffirms cooperation with Pakistan in future

China reaffirms cooperation with Pakistan in future

September 17, 2019

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China reaffirms cooperation with Pakistan in future

Zahid ImranbyZahid Imran
September 17, 2019
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China reaffirms cooperation with Pakistan in future
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  • Imran Khan reiterates resolve to complete ongoing projects under CPEC
  • Chinese and Russian companies have shown interest in the revival of Pakistan Steel Mills and their offers are being evaluated

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ISLAMABAD, September 17: Chinese Ambassador to Pakistan Yao Jing called on Prime Minister Imran Khan on Tuesday in Islamabad.
During the meeting, Chinese Ambassador conveyed the best wishes of President Xi Jinping to Imran Khan on his forthcoming birthday. The Prime Minister asked the Ambassador to convey his thanks to the Chinese President.
In a message to the prime minister, the Chinese president reiterated to work together in the future, adding that the friendship between China and Pakistan is as strong as a rock.
PM Imran Khan also reaffirmed Pakistan’s commitment to further strengthening the All-Weather Strategic Cooperative Partnership with China.
Imran Khan reiterated Pakistan’s resolve to complete ongoing projects under China Pakistan Economic Corridor which will contribute substantially to Pakistan’s development and prosperity.
Earlier, while chairing a high level meeting in Islamabad to review progress on incentives being offered for attracting investments in the industrial sector and relocating units to Pakistan, the prime minister directed to fast-track provision of utilities to Special Economic Zones for facilitation of potential investors in investments and establishment of industries.
He said basic utilities like electricity, gas and road access should be provided to SEZs on priority basis.
The PM also directed Finance, Planning and Commerce Divisions and the Board of Investment to peruse successful investment models of regional countries so as to offer best facilities and incentives to the investors.
He underlined that Pakistan is now on the right track of economic growth and in order to attract investments, the government will provide incentives to potential investors along with ease of doing business.
The meeting was briefed that SEZs in Pakistan have great potential for attracting investments particularly the Chinese companies.
It was also apprised that China has evinced keen interest in various Pakistani products which will improve trade balance between the two countries.
The meeting was informed that CPEC remains the top-most priority of the Government and infrastructure development, energy and communication sectors have been earmarked for attracting investments.
It was apprised that Chinese and Russian companies have shown interest in the revival of Pakistan Steel Mills and their offers are being evaluated.
Earlier on September 14, expressing satisfaction on implementation of CPEC projects, Prime Minister Imran Khan had said the China-Pakistan Economic Corridor (CPEC) will have positive impacts on the national and regional economy.
“CPEC project is not only a reflection of Pak-China friendship but it will have positive impacts on national and regional economy,” PM Khan had said while chairing a meeting of government’s economic team here in Islamabad. NNI

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