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Pak-China ties touching new heights due to CPEC initiative: minister

byCT Report
17/07/2017
in Business
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LAHORE: Provincial Minister for Industries Commerce & Trade Sheikh Alla-ud-din on Monday said Sino-Pak relations are tounching new heights with the launch of the China-Pakistan Economic Corridor (CPEC) project.  He expressed these views in a meeting with Chief Executive Officer of Punjab Board of Investment & Trade (PBIT) Jhanzaib Brana, Director Sohail Qadri and Deputy Secretary Investment Abdul Moeed.

The meeting discussed the ideas related with cooperation in skills development, textiles, garments and other industrial sectors between Punjab and China.

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The minister said that China made rapid development and became a role model for the rest of the world. It had become world’s second biggest economic power now, he added.  He said that CPEC had produced tremendous opportunities of investment in Pakistan and Punjab; and China was contributing more than Rs 51 billion to this project. He vowed to boost cooperation in the fields of textile, garments and skills development.

He announced that a delegation of the Punjab government, along with different trader groups, would visit China in September 2017 to participate in the International Fair Import Exhibition in the city of Changdu.  Additional Secretary Commerce Madam Rafia and other officers concerned were also present on the occasion.

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