10th JCC meeting on CPEC scheduled for 16th July

Islamabad: July 10th, 2021 –(TDI):  In a tweet today, Chairman of CPEC authority Asim Saleem Bajwa notified that the 10th Joint Cooperation Committee (JCC) on CPEC will be held on Friday 16th July via video link. High officials from both Pakistan and China will participate.

The JCC lies at the center of the institutional framework of CPEC. It is the highest decision-making body of CPEC. The JCC has the authority to integrate new projects and track the progress of existing ones. JCC was established by China and Pakistan to examine the execution of CPEC.

The JCC is co-chaired from the Pakistani side by the Ministry of Planning, Development, and Reform (MPD&R)  while on the Chinese side, the National Development and Reform Commission (NDRC) co-chairs the committee.

The JCC  committee is further divided into different working groups that generate suggestions for the main committee. There are nine JWGs of CPEC that deal with every important sphere of economic cooperation. JCC meetings are held to assess CPEC projects and set a strategy for the future. The first JCC meeting was held in Islamabad in 2013.

Although the JCC meeting is held every year due to the COVID situation the meeting was delayed last year but now it is scheduled to take place on Friday. Federal minister Asad Umar will co-chair the meeting from the Pakistani side with the Vice-chairman of the National Development and Reform Commission China  Ning Jizhe from the Chinese side.

China-Pakistan Economic Corridor(CPEC) is a framework of regional connectivity. CPEC will not only benefit China and Pakistan but will have a positive impact on Iran, Afghanistan, the Central Asian Republic, and the region.

The enhancement of geographical linkages having improved road, rail and air transportation system with frequent and free exchanges of growth and people to people contact, enhancing understanding through academic, cultural, and regional knowledge and culture, the activity of higher volume of flow of trade and businesses, producing and moving energy to have more optimal businesses and enhancement of co-operation by the win-win model will result in well connected, an integrated region of shared destiny, harmony and development.

China Pakistan Economic Corridor is a journey towards economic regionalization in the globalized world. It founded peace, development, and a win-win model for all of them.

China Pakistan Economic Corridor is the hope of a better region of the future with peace, development, and growth of the economy.