ISLAMABAD (News Desk): Adviser to the Prime Minister on Finance and Revenue Dr Abdul Hafeez Shaikh Friday said the CPEC was the main focus of government as it was manifestation of the country’s close economic relations with its great neighbour China. He was talking to Chinese Ambassador Yao Jing, who called on him, according to a ministry press release.
Dr Hafeez Shaikh told the Chinese envoy that the CPEC projects were bringing a transformation in Pakistan’s economy and all its projects were being implemented on top priority. “We value the Chinese assistance and support in building infrastructure, road networks and energy projects, and we look forward to explore more avenues for further enhancing our bilateral cooperation for regional connectivity and stability,” he added.
The adviser said the ECC of the Cabinet had recently approved several proposals and measures to fast-track rollout of various projects as part of the Gwadar Port and Gwadar Free Zone, and relevant authorities had been instructed to implement the ECC decisions. He thanked the Chinese government in providing technical assistance in the implementation of FATF recommendations, and highlighted the steps and measures, particularly increased coordination between various government agencies acting under a multi-agency coordination body headed by the Minister of Economic Affairs, taken by Pakistan to demonstrate seriousness in complying with the FATF regime. The Chinese envoy conveyed the desire and commitment of his country to extend any support and assistance for further boosting the bilateral relations, particularly further increasing the Chinese investment in Pakistan. He also informed about the keen interest of Chinese government and entrepreneurs for extending cooperation with regard to joint ventures in various fields between the two countries.
Meanwhile, As early-harvest phase of CPEC successfully approached its logical conclusion, both Pakistan and China are now stepping up preparations for a new stage of higher-quality development, Pakistan’s Ambassador to China Naghmana Hashmi Thursday said. “As CPEC’s early-harvest phase successfully approaches its logical conclusion, both sides are now stepping up preparation for a new stage of higher-quality development,” she said while addressing a gathering here during screening of “Iron Brother”, a documentary on Pakistan-China friendship and CPEC.
She said,“Even as we strengthen our efforts to complete implementation of all agreed projects on schedule, we are looking ahead to the new phase of industrial development, agricultural modernization and economic cooperation.” Those aspects of the CPEC, the ambassador said, were complemented by other initiatives of the government to achieve the goal of Pakistan’s prosperity and realize the aspirations of people for better lives.
“Our focus on socio-economic cooperation includes poverty alleviation, low-cost housing, healthcare, education, vocational training, and access to clean water,” she added. She said the efforts were in tandem with a simultaneous focus on environmental conservation and restoration.