Just in:  

You are here: Home»Business and Economy»Pakistan»Pak-China economic corridor project to boost trade activity: Mamnoon

Pak-China economic corridor project to boost trade activity: Mamnoon

President Mamnoon Hussain on Friday said the Pak-China Economic corridor project would help generate immense economic activity and usher in a new era of progress and prosperity for the people of both countries. The President was talking to a Chinese parliamentary delegation led by Ms. Shen Yueyue, Vice Chairperson of the Standing Committee of the National People's Congress (NPC) at the Aiwan-e-Sadr here.

President Mamnoon expressed hope that the visit of parliamentary delegation would help further strengthen Pak-China bilateral ties besides promoting parliament-to-parliament and people-to-people contacts between the two countries.

He said the parliamentarians from both the countries have a critical role to play in realisation of the goals of friendship and urged for increased interaction of the parliamentarians, businessmen, youth and intellectuals to share views and learn from each others' experiences.

Commenting on the Sino-Pak time-tested friendship, the President said that these are solidly anchored on convergence of strategic interests, strong mutual trust and are driven by an abiding interest in progress and prosperity of each other as well as promotion of peace and stability in the region.

The President said Pakistan was keen to learn from the Chinese economic and development miracle and benefit from its expertise in diverse areas including energy, irrigation, agriculture, communications and commerce and trade.

President Mamnoon appreciated the strong support and assistance of the government and people of China in Pakistan's socio-economic development. He expressed hope that it would continue to the mutual benefit of the people of the two countries.

President Mamnoon welcomed the Chinese parliamentary delegation and said that frequent exchange of high level visits was a manifestation of deep rooted and time tested bonds of friendship between two countries.

Ms. Shen Yueyue, Vice Chairperson of the Standing Committee of the National People's Congress (NPC) said the government and people of China greatly value its all weather and time tested friendship with Pakistan and desire to see a more stable and prosperous Pakistan.

She said that bilateral partnership had gained strength due to the commitment of political leadership of both the countries.

She thanked the President and Government of Pakistan for the warm welcome and hospitality to her and the accompanying delegation and expressed hope that the frequent exchange of parliamentary delegations between the two countries would provide new impetus to the existing strong strategic partnership between Pakistan and China.

The delegation included Huang Huahua, Member of the Standing Committee of NPC, Cong Bin, Member of the Standing Committee of NPC, Wang Jinliang, Deputy Secretary-General, NPC, Yang Ruiguang, Deputy Director-General of the Foreign Affairs Bureau of the General Office of the Standing Committee, NPC, Liu Jinglei, Secretary to Shen Yueyue and other high officials of the Chinese embassy. Ambassador of China to Pakistan Sun Weidong was also present. From Pakistan side, those present in the meeting included Murtaza Javed Abbasi, Deputy Speaker National Assembly, Rana M. Afzal. Khan, MNA/Convenor Pakistan China Parliamentary Friendship Group, Imran Zafar Leghari, MNA, Syed Ghazi Gulab Jamal, MNA, Karamat Hussain Niazi, Secretary National Assembly , Murad Ali, Special Secretary, MOFA, Ahmad Farooq, Acting Secretary to the President and Ms. Saba Mohsin Raza, Press Secretary to the President.

Copyright Associated Press of Pakistan, 2013


Index Closing Chg%
Arrow DJIA 17,678.23 0.23
Arrow Nasdaq 4,863.36 0.27
Arrow S&P 2,056.15 0.24
Arrow FTSE 6,895.33 1.37
Arrow DAX 11,843.66 0.18
Arrow CAC-40 5,006.35 0.29
Arrow Nikkei 19,471.12 1.39
Arrow H.Seng 24,497.08 0.13
Arrow Sensex 27,457.58 2.33

New 2015 adidas and Nike Soccer Cleats at Kicks Corner uk

ICT 2014

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-999 mln
Exports $2.064 bln
Imports $3.063 bln
WeeklyMarch 13, 2015
Reserves $16.273 bln