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Pak-China corridor to help improve economic situation of region

byCustoms Today Report
17/09/2014
in Business
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ISLAMABAD: Special Assistant to Prime Minister on Foreign Affairs Tariq Fatemi has said the landmark China-Pakistan Economic Corridor is China’s overall vision for the development in the region and it will improve economic development of the entire region.
Addressing a seminar on “The Changing Dynamics of Global Power Structures and the Role of China”, organised by Sustainable Development Policy Institute, Tariq Fatemi said CPEC will be a transformative project in the context of Pak-China relationship.
He said the project represented the two government’s common desire to put economic cooperation and people-centric development at the centre of bilateral agenda. The Special Assistant said that despite its meteoric economic development, China continues to adhere to the principles of “peaceful development and coexistence”.
On the global stage, he said, China is a strong supporter of multilateralism and playing a key role at fora like United Nations, G-20 and Shanghai Cooperation Organisation, besides being a responsible stakeholder in the international financial order.

Tags: Economic CorridorPak-ChinaPak-China corridorPak-China relationshipSpecial Assistant to Prime Minister on Foreign AffairsTariq Fatemi

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