AVN 51.24 Increased By ▲ 2.18 (4.44%)
BAFL 28.67 Increased By ▲ 0.12 (0.42%)
BOP 3.62 Decreased By ▼ -0.01 (-0.28%)
CNERGY 3.27 No Change ▼ 0.00 (0%)
DFML 10.74 Decreased By ▼ -0.06 (-0.56%)
DGKC 52.60 Increased By ▲ 0.62 (1.19%)
EPCL 43.90 Increased By ▲ 0.30 (0.69%)
FCCL 12.41 Decreased By ▼ -0.01 (-0.08%)
FFL 6.20 Increased By ▲ 0.04 (0.65%)
FLYNG 5.99 No Change ▼ 0.00 (0%)
GGL 10.30 Increased By ▲ 0.04 (0.39%)
HUBC 68.66 Increased By ▲ 0.16 (0.23%)
HUMNL 5.84 No Change ▼ 0.00 (0%)
KAPCO 22.60 Decreased By ▼ -0.05 (-0.22%)
KEL 1.84 Increased By ▲ 0.01 (0.55%)
LOTCHEM 29.50 Increased By ▲ 0.60 (2.08%)
MLCF 28.70 No Change ▼ 0.00 (0%)
NETSOL 81.35 Increased By ▲ 4.45 (5.79%)
OGDC 79.90 Increased By ▲ 1.50 (1.91%)
PAEL 9.76 Increased By ▲ 0.09 (0.93%)
PIBTL 4.31 Increased By ▲ 0.10 (2.38%)
PPL 61.65 Increased By ▲ 1.16 (1.92%)
PRL 14.43 Decreased By ▼ -0.05 (-0.35%)
SILK 1.10 Increased By ▲ 0.04 (3.77%)
SNGP 42.98 Increased By ▲ 0.48 (1.13%)
TELE 7.22 Increased By ▲ 0.12 (1.69%)
TPLP 13.21 Increased By ▲ 0.44 (3.45%)
TRG 99.00 Increased By ▲ 2.87 (2.99%)
UNITY 15.40 Increased By ▲ 0.17 (1.12%)
WTL 1.19 Increased By ▲ 0.01 (0.85%)
BR100 4,190 Increased By 29.8 (0.72%)
BR30 14,589 Increased By 182.3 (1.27%)
KSE100 41,904 Increased By 217.8 (0.52%)
KSE30 14,804 Increased By 61.5 (0.42%)

ISLAMABAD: Pakistan and China have agreed to remain engaged for the inclusion of third parties to the $60-billion China-Pakistan Economic Corridor (CPEC) to further enhance regional connectivity.

A statement issued here by Foreign Office on Sunday following talks between the two sides in Beijing said that both agreed on this at the third round of Pakistan-China Bilateral Political Consultations (BPC) – a regular institutional mechanism between Pakistan and China – on Saturday.

Foreign Secretary Dr Asad Majeed Khan led the Pakistan delegation and the Chinese side was led by Chinese vice-minister for foreign affairs Sun Weidong.

“Noting the completion of a decade of China-Pakistan Economic Corridor (CPEC), the two sides reaffirmed their commitment to CPEC that remains a major pillar of bilateral cooperation and a symbol of ever deepening friendship between Pakistan and China,” the Foreign Office said in a statement on Sunday.

Pakistan’s trade with China to reach new heights: Bilawal

“They also agreed to remain engaged in expansion of CPEC including on participation of third parties to enhance regional connectivity and cooperation,” it added.

Both sides reviewed the entire spectrum of bilateral relations and agreed to expand and reinforce political and security cooperation, bilateral trade, economic and financial cooperation, cultural exchanges, tourism, and people-to-people ties.

Foreign Secretary Khan thanked the Chinese side for its consistent and generous support for economic stability in Pakistan and the humanitarian assistance during last year’s devastating floods.

On the occasion, Vice-Minister Sun reaffirmed China’s support for sovereignty, territorial integrity and economic security of Pakistan, according to the statement.

The two sides also exchanged views on a range of regional and global issues of mutual interest and expressed satisfaction over their close cooperation and engagement on important regional developments, including in Afghanistan.

“Pakistan and China will further strengthen dialogue and cooperation in multilateral platforms,” it added.

Copyright Business Recorder, 2023

Comments

1000 characters
TimetoMoVVeOn Mar 20, 2023 06:21am
This was an exclusive China pak project and was thus named cpec. There is no room for a third party and no third-party will touch this debt ridden project.
thumb_up Recommended (0) reply Reply
Love Your Country Mar 20, 2023 08:32am
Reading through the article looking for some clue about 3rd parties I found absolutely nothing....
thumb_up Recommended (0) reply Reply
Tulukan Mairandi Mar 20, 2023 09:08am
Will probably be a failed state like Iran that comes in
thumb_up Recommended (0) reply Reply
John Mar 20, 2023 10:40am
In order to make CPEC viable, it must help common Pakistani economically!
thumb_up Recommended (0) reply Reply
Haq Mar 20, 2023 12:16pm
Without stable / honest govt policies & cheap utilities, industry / economy can't survive, what to talk about country's growth & revenue generation. CPEC provides opportunities of investment, but mismanagement, corruption, nepotism... blindfolded our ruling elite, can't think of anything other than person gains (e g. Papa Jones), that has brought nation to it's knees & now IMF starts dictating on missile range, next could be nuclear disarmament
thumb_up Recommended (0) reply Reply
Fernando Mar 22, 2023 05:30am
Tracking cellphones and getting an accurate report has been a bit worrisome, thanks to Hacker4wise whose service helped me locate certain cellphones without breaking a sweat. His service made me know that the internet has become the most common method of cheating nowadays, either emotionally or physically. Taking a few extra steps in getting what would serve as proof for leaving a toxic relationship, to see who your spouse texts or chats with on social media isn’t a bad idea, I’d recommend you reach out to [DIGITALTECHHACKER @ GMAIL COM]
thumb_up Recommended (0) reply Reply

CPEC: entry of 3rd parties now looks imminent

Additional advances to IT ITeS: 20pc concessionary tax rate on banks’ income proposed

PTI rejects budget

Rs450bn allocated to BISP

Rs1,809.5trn set aside for Defence

Rs207bn allocated to water, power sector development

Pharmaceuticals, drugs: Sales tax structure restored

Finance Bill 2023: Rate of GST on e-integrated textile retailers up 3pc

Trade leaders give mixed response

Rs97.098bn earmarked for education affairs, services

Public Sector Development Programme: Rs1,400m earmarked for 13 schemes of Ministry of Law & Justice