Last update: Wed, 10 Feb 2016 01am

Significance of CPEC highlighted

China-Pakistan Entrepreneurs International Seminar opens in Beijing with an aim to integrate the resources of all the parties concerned through think-tank platform to enhance China and Pakistan enterprise co-operation. Addressing a seminar, Chairman Standing Committee on Finance, Revenue and Privatisation Senator Saleem Mandviwalla said that Pakistani people know very clearly the strategic significance of China-Pakistan Economic Corridor for both countries. Pakistan welcomed with open arms for China's investment.

President Xi Jinping has rolled out great vision for people from China and Pakistan, and now the key points lie in action and implementation and to achieve the vision. He said on August 11-12 this year, Pakistan Economic Corridor Karamay Forum (2015), initiated by RDI international think tank project was a good practice. Its theme is "Joint Negotiation of China-Pakistan Co-operation, Joint Building of a Prosperous Corridor and Sharing of Harmonious Development."

He said that in the forum, China and Pakistan signed 20 co-operation memorandums worth a total of 10.35 billion yuan, and adopted the China-Pakistan Economic Corridor "Karamay Declaration", attracting international attention. Senator Mandviwalla said that "The China-Pakistan Entrepreneurs Seminar is one of the important outcomes to implement, bridge a direct communication platform between enterprises of both sides to promote substantive project connection, also it prepares for the Karamay Forum (2016).

This series of actions is a true portrayal of joint negotiation, joint building and shared relationships between two countries." Mandviwalla said that "it hopes to help enterprises co-ordinate and solve the difficulties and problems emerged in "One Belt and One Road" so as to further stimulate the market element dynamic and more effectively give play to the fundamental role of the market."-PR

Copyright Business Recorder, 2015