HomeBusinessEconomyCPEC Lifeline for Pakistan’s Development, Shibli Faraz

CPEC Lifeline for Pakistan’s Development, Shibli Faraz

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Islamabad, 28 August 2024 (TDI): Leader of Opposition, Senator Syed Shibli Faraz on Wednesday called the China-Pakistan Economic Corridor (CPEC) as a lifeline for the development and future growth of Pakistan.

Addressing the Third Plenary Session of the 20th Central Committee of the Communist Party of China (CPC), he appreciated China’s policy of Reform and Opening-Up, which has propelled it to become the world’s second-largest economy and emphasized the relevance of these principles for Pakistan’s economic and social development.

Stressing the deep-rooted and enduring friendship between Pakistan and China, he reaffirmed the Pakistan Tehreek-e-Insaf’s commitment to this vital relationship, noting its significance not only in terms of bilateral cooperation but also as a cornerstone of the foreign policy of Pakistan.

Acknowledging China’s pivotal role in international affairs, especially within the Global South, and expressed support for Beijing’s vision of a multipolar world, he highlighted China’s Belt and Road Initiative as a transformative project with the potential to reshape global trade routes and enhance the economic cooperation.

He also extended best wishes to the Pakistan-China Institute for its continued efforts in fostering mutual understanding and collaboration between the two countries.

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