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UAE exploring opportunities for investment in CPEC  projects: Chinese Ambassador

UAE exploring opportunities for investment in CPEC projects: Chinese Ambassador

November 24, 2019

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UAE exploring opportunities for investment in CPEC projects: Chinese Ambassador

Zahid ImranbyZahid Imran
November 24, 2019
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ISLAMABAD, November 24: China and the United Arab Emirates (UAE) are exploring opportunities for cooperation under the China-Pakistan Economic Corridor (CPEC), Chinese ambassador to Islamabad Yao Jing said on Sunday.
In an interview with Arab News, the ambassador stressed that UAE was also a partner under the Belt and Road Initiative (BRI) and has a lot of trade and economic links with Pakistan.
The BRI is a Beijing-led program to boost economic and trade ties in dozens of countries in Asia, Europe and beyond, mostly through investments in energy and infrastructure.
“Between China and UAE, maybe we have some opportunities to cooperate for Pakistan’s development,” Ambassador Yao said, adding that since the ninth meeting of a Pakistan China Joint Cooperation Committee held this month, both countries had stepped up efforts to promote “third party investment” in the bilateral project.-Agencies

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