BEIJING, Dec 22, (Asia Free Press): Ambassador of Pakistan to China, Moin ul Haque while addressing China-Pakistan Economic Corridor (CPEC)’s Industrial Cooperation B2B Investment Conference in Lahore via video link, said that despite the COVID-19 pandemic, this year bilateral trade between the two great friends like Pakistan and China was expected to cross $25 billion value with a significant momentum with Pakistan’s exports to China expected to cross $3.54 billion, which was unprecedented and historic figures, according to APP.
The Ambassador added that transforming CPEC into a true economic hub by establishing Special Economic Zones (SEZs) in Punjab and business ventures in different sectors.
“In recent years, our two countries have been focusing more and more on economic and commercial cooperation,” Moin ul Haque further asserted.
For many years, China, being the largest trading partner, has been the largest source of FDI. He said that Chinese President Xi Jinping once said that the Belt and Road Initiative (BRI) was not an empty slogan but a visible, tangible, practical initiative, which would bring many tangible reserves and benefits to the region.
CPEC being a flagship project of BRI is an emblem of President Xi Jinping’s statement,” he added.
According to the Ambassador, CPEC is a game-changer and a transformational project, which has opened new frontiers for us.
“Pakistan commitment to CPEC remains strong and enduring and we are aware of evil designs of our detractors and adversaries who want to sabotage CPEC,” he said.
“Our two countries therefore, remain vigilant and would not allow anyone to damage China-Pakistan friendship and our shared interest,” he added.
