Federal Minister for Planning, Development and Special Initiatives Professor Ahsan Iqbal chaired the first review meeting of the China-Pakistan Economic Corridor (CPEC) following the 14th Joint Cooperation Committee (JCC) session. The meeting, held in Islamabad, reviewed progress on projects under CPEC Phase-II in detail.<\/p>\n
The minister directed relevant ministries to prepare new projects under CPEC Phase-II and accelerate the provision of facilities in Special Economic Zones (SEZs). He emphasized that priority should be given to projects that deliver long-term and positive impacts on public welfare.<\/p>\n
Professor Ahsan Iqbal stated that the 14th JCC meeting marked the beginning of a new chapter in Pakistan-China relations. He announced that the 15th JCC session would be held in Pakistan next year, coinciding with the 75th anniversary of diplomatic ties between the two countries.<\/p>\n
He said CPEC Phase-II had been formally launched during the JCC session, covering sectors such as agriculture, industry, people-to-people connectivity, and information technology. The minister highlighted that the second phase focuses on strengthening the private sector\u2019s role and equipping youth with modern skills.<\/p>\n
Ahsan Iqbal noted that CPEC Phase-II would provide a stronger foundation for Pakistan-China relations, generating employment opportunities, attracting investment, and promoting technology transfer. He added that the second phase would significantly and sustainably boost Pakistan\u2019s exports.<\/p>\n
The minister said Pakistan\u2019s \u201cFive Es\u201d framework is being aligned with China\u2019s \u201cFive Corridors\u201d to maintain continuity in development and ensure long-term growth. He stressed that the strong partnership between Pakistan and China is essential for economic recovery and sustainable stability.<\/p>\n
Referring to progress in Gwadar, Ahsan Iqbal said the Chinese-supported desalination plant had greatly improved water supply in the city. He reaffirmed the government\u2019s commitment to complete CPEC Phase-II with the same dedication and success that characterized Phase-I.<\/p>\n
He also shared that, under the Economic and Employment Corridor initiative, Pakistan will adopt the Chinese model to uplift underdeveloped regions. Moreover, a memorandum of understanding (MoU) has been signed between Pakistan\u2019s economic think tanks and China\u2019s Development Research Center to enhance cooperation.<\/p>\n
Professor Ahsan Iqbal said that with the support of the Development Research Center, Pakistan will gain crucial assistance in export promotion and policy formulation.<\/p>\n","protected":false},"excerpt":{"rendered":"
Federal Minister for Planning, Development and Special Initiatives Professor Ahsan Iqbal chaired the first review meeting of the China-Pakistan Economic Corridor (CPEC) following the 14th Joint Cooperation Committee (JCC) session. The meeting, held in Islamabad, reviewed progress on projects under CPEC Phase-II in detail. The minister directed relevant ministries to prepare new projects under CPEC […]<\/p>\n","protected":false},"author":2,"featured_media":34974,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[30,16],"tags":[],"ppma_author":[95],"class_list":{"0":"post-67103","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-latest","8":"category-pakistan"},"yoast_head":"\n