Chinese team briefs Mushahid on economic corridor

ISLAMABAD - A Chinese delegation on Wednesday met Federal Minister for Climate Change Mushahid Ullah Khan and briefed him about the progress regarding the 3,000-kilometer long Pak-China Economic Corridor (PCEC) project highlighting how important the corridor is for not only the economic growth of Pakistan and China but also the region.
The delegation was headed by China Council for International Investment Promotion Deputy Secretary General, Counsellor Yuan Jianmin.
The PCEP project, starting from China’s western region of Xinjiang and to Gwadar, is the country’s biggest road project recently launched by the government.
Yuan Jianmin told the minister that PCEP will economically upgrade the bordering poor regions of both the countries by connecting Gwadar Port in southern Pakistan to China’s north-western region of Xinjiang via highways, railways and pipelines to transport oil and gas.
He said that the idea of connecting different countries of this region economically with one common route was quite old. Different programs had been appearing by different regional players at different times.
Mushahid Ullah assured his all-out support for the actualization of the corridor project.
Both the sides also discussed at length various measures for increasing focus on regional economic integration, boosting the Sino-Pakistani friendship between the Karakoram Highway to promote and enhance trade between China & Pakistan and deepen all-round cooperation between China and Pakistan and to further consolidate and expand bilateral relations.
“Functioning of the corridor will open new vista of development prosperity as a result of which the national economy will grow fast, lead to creation of new job opportunities, poverty reduction, development of transportation sector and boost industrial growth,” the minister opined.  
Jianmin also told the minister, “Finally Chinese President Xi Jinping presented ‘One Belt, One Road’ initiative, which was the establishment of New Silk Road Economic Belt and the Maritime Silk Road to boost global peace and development through intensive physical and other forms of connectivity as well as cooperative ties between China and the countries across Eurasia, Africa and beyond.”

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