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Business & Finance

CPEC common vision of inclusive, shared development

ISLAMABAD: Deputy Chairman Senate Saleem Mandviwalla has said that China-Pakistan Economic Corridor (CPEC) is a prac
Published April 17, 2019 Updated April 17, 2019 08:24pm

ISLAMABAD: Deputy Chairman Senate Saleem Mandviwalla has said that China-Pakistan Economic Corridor (CPEC) is a practical manifestation of common vision for inclusive and shared development.

He was addressing at the launch of the Belt and Road (B&R) Annual Development Report 2018 in China, said a press release received here.

"CPEC serves as the link to connect the “Silk Road Economic Belt” and “the 21st-Century Maritime Silk Road”, he said.

Pakistan is committed for timely completion of CPEC projects, and welcomes all potential investors to take benefit of its Special Economic Zones, Saleem Mandviwalla said.

He said that China as the emerging global economic leader can play the role of a force-multiplier in APA’s efforts to consolidate Asian supremacy in the 21st Century.

Saleem Mandviwalla emphasised that enhanced cooperation between our Parliaments and high-level exchanges are also very essential to learn from each other’s experiences, share expertise, and also bring our peoples closer.

He said that trade issue required immediate attention because our current volume of bilateral trade do not commensurate with excellent strategic relations.

“We need to address the large trade deficit,” he added.  A four member senate delegation consisting of Senator Abdul Qayyom, Senator Sassi Palijo and Senator Liaqat Khan Tarakai also attended the "B&R" annual development report launching ceremony.

Copyright APP (Associated Press of Pakistan), 2019

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