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imageISLAMABAD: Sun Weidong, Chinese Ambassador to Pakistan called on Finance Minister Senator Ishaq Dar here at Ministry of Finance Wednesday and discussed economic cooperation between the two countries and forthcoming visit of Chinese President to Pakistan.

The Ambassador, while expressing his gratitude on expanding economic cooperation between the two countries, said "we are happy to see Pakistan-China Economic Corridor moving ahead smoothly".

He mentioned that currently third round of Pakistan-China Joint Cooperation Committee (JCC) is going on successfully and mega projects in energy and infrastructure sectors with the help of Chinese Government will bring development and economic progress of Pakistan.

He said that China as friend will continue to take this relationship to a new height.

He appreciated Pakistan's support for Asia Infrastructure Development Bank and observed that Pakistan is one of its founding members.

He underlined that forthcoming visit of Chinese President to Pakistan next month, will open new avenues for cooperation between the two countries.

He noted that China will be assisting Pakistan in 14 energy projects and four mega infrastructure projects including Karakorum Highway Phase-II, development of Gawadar Port, Lahore-Karachi Motorway and Orange Line Metro Project in Lahore.

He congratulated the political leadership of Pakistan for the economic successes achieved during the past fiscal year and observed that Pakistan's economy got momentum due to hard work by the government to overcome challenges.

He said that China has no agenda other than cooperation in development and economic progress of Pakistan.

He concluded that our traditional friendship is close to the hearts of the Chinese leadership and economic corridor will provide us a framework to bring substantial cooperation on ground.

The Finance Minister said that China has always been great friend of Pakistan and it is an all weather relationship.

He mentioned about the strong cooperation and common stand in international forums by the two countries and appreciated unprecedented support by China.

He underlined that the political leadership of both the countries have a common vision and talk of the robust economic cooperation, reducing the differences between the two countries and regional connectivity.

He said that credit goes to the leadership of both the countries on convergence of their thinking.

The Finance Minister said that the government is looking forward to expand our relationship to a new height and replace traditional diplomacy with the economic diplomacy. He said that the economic corridor will reduce transportation cost between Pakistan and China and enhance trade and investment for great future of this region.

The Finance Minister further said that the energy and infrastructure projects with the help of Chinese Government will contribute to economic progress of Pakistan and it is recognized by the masses in Pakistan.

He hoped that the projects in the pipeline will be completed on time.

He also informed the Ambassador that the political leadership in Pakistan is looking forward to welcome Chinese President's historic visit and hoped that the visit will usher into a new era of progress and development of the two countries.

The Meeting was also attended by Saleem Sethi, Secretary Economic Affairs Division, Rana Assad Amin, Advisor to Finance Ministry, Shahid Mahmood, Additional Finance Secretary/SA to Finance Minister and senior officials of the Ministries of Finance.

Copyright APP (Associated Press of Pakistan), 2014

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