AIRLINK 74.00 Decreased By ▼ -0.25 (-0.34%)
BOP 5.14 Increased By ▲ 0.09 (1.78%)
CNERGY 4.55 Increased By ▲ 0.13 (2.94%)
DFML 37.15 Increased By ▲ 1.31 (3.66%)
DGKC 89.90 Increased By ▲ 1.90 (2.16%)
FCCL 22.40 Increased By ▲ 0.20 (0.9%)
FFBL 33.03 Increased By ▲ 0.31 (0.95%)
FFL 9.75 Decreased By ▼ -0.04 (-0.41%)
GGL 10.75 Decreased By ▼ -0.05 (-0.46%)
HBL 115.50 Decreased By ▼ -0.40 (-0.35%)
HUBC 137.10 Increased By ▲ 1.26 (0.93%)
HUMNL 9.95 Increased By ▲ 0.11 (1.12%)
KEL 4.60 Decreased By ▼ -0.01 (-0.22%)
KOSM 4.83 Increased By ▲ 0.17 (3.65%)
MLCF 39.75 Decreased By ▼ -0.13 (-0.33%)
OGDC 138.20 Increased By ▲ 0.30 (0.22%)
PAEL 27.00 Increased By ▲ 0.57 (2.16%)
PIAA 24.24 Decreased By ▼ -2.04 (-7.76%)
PIBTL 6.74 Decreased By ▼ -0.02 (-0.3%)
PPL 123.62 Increased By ▲ 0.72 (0.59%)
PRL 27.40 Increased By ▲ 0.71 (2.66%)
PTC 13.90 Decreased By ▼ -0.10 (-0.71%)
SEARL 61.75 Increased By ▲ 3.05 (5.2%)
SNGP 70.15 Decreased By ▼ -0.25 (-0.36%)
SSGC 10.52 Increased By ▲ 0.16 (1.54%)
TELE 8.57 Increased By ▲ 0.01 (0.12%)
TPLP 11.10 Decreased By ▼ -0.28 (-2.46%)
TRG 64.02 Decreased By ▼ -0.21 (-0.33%)
UNITY 26.76 Increased By ▲ 0.71 (2.73%)
WTL 1.38 No Change ▼ 0.00 (0%)
BR100 7,874 Increased By 36.2 (0.46%)
BR30 25,599 Increased By 139.8 (0.55%)
KSE100 75,342 Increased By 411.7 (0.55%)
KSE30 24,214 Increased By 68.6 (0.28%)

ISLAMABAD: Chinese Ambassador Nong Rong Tuesday said the second phase of the China-Pakistan Economic Corridor (CPEC) would focus on industrialisation, agriculture, socioeconomic and scientific and technological sectors.

The Chinese ambassador expressed these views in a meeting with Speaker National Assembly Asad Qaiser at the Parliament House on Tuesday.

He said that completion of the 1st phase of the CPEC would open new avenues of development for the people of the region.

He informed that with the start of 2nd phase of the CPEC, socioeconomic, industrialization, agriculture and scientific and technological sectors would be focused. He added that the completion of the CPEC would change the destiny of the region and would unleash a new era of Pak-China relations.

He informed the speaker that time and date for holding virtual conference would be coordinated mutually with the National Assembly Secretariat.

Ambassador Nong Kong said that relations between the two countries were exceptional and were gaining strength with the passage of time.

He said that cooperation between China and Pakistan was a clear depiction of the commitment of leadership of both the countries towards each other.

Speaker National Assembly Asad Qaiser said that completion of the CPEC would help Pakistan to achieve its economic and industrial goals besides extending the benefits of it to the region.

He said that the present government was committed to take that exemplary relation to new heights.

Talking to the ambassador, the speaker said that the relations between the two countries were based on regional development, mutual trust, trade and economic cooperation.

He added that the cooperation between both the countries was rapidly expanding, thus, it could confidently count on Chinese support at international and regional forums.

He underlined the need for cementing parliamentary contacts for further cementing those ties.

He agreed with the proposal for holding a virtual meeting with chairman of the Chinese National People's Congress on the 70th anniversary of Pakistan-China diplomatic relations.

While discussing the China-Pakistan Economic Corridor (CPEC), the speaker said it would significantly contribute not only in bringing socio-economic development in Pakistan but its benefits could be extended to the region.

He said that Parliament stands with the CPEC, therefore, a series of seminars had been arranged to mobilise stakeholders, intelligentsia and other segments of society to increase effectiveness of the project.

He said that commitment of political leadership in Pakistan would make the CPEC a novel model of cooperation.

Referring to the Rashakai Special Economic Zone project, the speaker said that it would prove to be a milestone in the industrial development of the country especially the Khyber-Pakhtunkhwa.

The speaker informed that apart from Parliamentary Committee on the CEPC, another Special Committee had been constituted to oversee the early completion of Chashma Right Bank Canal Project, Peshawar-DI Khan Motorway, Chakdara-Chitral Road (Dir Expressway) and other CEPC projects.

He said that the prime minister was on board on all the parliamentary initiatives who had directed all the concerned quarters to extend maximum support to the Parliament in realising the goals.

Copyright Business Recorder, 2020

Comments

Comments are closed.