CPEC's Current Phase Set to Deliver Socio-Economic Gains: Insights from Khusro Bakhtyar
Federal Minister for Planning, Development & Reform, Makhdum Khusro Bakhtyar, emphasized the transformative potential of the current phase of the China-Pakistan Economic Corridor (CPEC) for the well-being of the populace. This underscores the shift into the second phase of the bilateral framework agreement, with a pronounced focus on poverty alleviation, agricultural advancement, and industrial collaboration.
In a recent meeting with Chinese Ambassador Yao Jing in Islamabad, the Minister highlighted the vast opportunities CPEC presents for bolstering the national economy and ameliorating poverty. The discussion encompassed forthcoming CPEC projects, such as petroleum and petrochemical facilities, dams, refineries, and a gas pipeline. Importantly, the Minister underscored the heightened momentum of CPEC initiatives since the current government assumed office.
The conversation delved into various aspects of CPEC projects, with particular attention to the upcoming Joint Cooperation Committee (JCC) meeting slated for November in Islamabad. Chinese Ambassador Yao Jing expressed contentment with the progress of CPEC projects and expressed optimism about the enduring strength of the bilateral partnership between these two friendly nations.