Don’t miss the latest developments in business and finance.

Pak cooperating with China on CPEC

Image
ANI Islamabad [Pakistan]
Last Updated : May 15 2017 | 11:32 PM IST

Pakistan Prime Minister Nawaz Sharif on Monday said Pakistan is closely cooperating with China to realize its national development plans under the China Pakistan Economic Corridor (CPEC).

Speaking in the second session of the roundtable on Connectivity Cooperation for Interconnected Development in Beijing, the Prime Minister Sharif called for expanding consensus for the One Road One Belt (OROB) initiative and development of a blueprint for long-term cooperation.

He said Gwadar Port will link up East, West and South Asia. It will also reach out to African and European markets.

The Prime Minister said core of the OROB initiative is connectivity and long-term development, especially in developing countries.

Sharif said CPEC is creating new supply and logistic chains, as well as manufacturing networks.

Also Read

First Published: May 15 2017 | 11:32 PM IST

Next Story