Ahsan Iqbal highlights the strategic importance of CPEC for Pak’s economic revival & regional connectivity

ISLAMABAD, Oct 04 (SABAH): Chinese Ambassador to Pakistan Jiang Zaidong called on the Federal Minister for Planning, Development & Special Initiatives, Ahsan Iqbal Chaudhry, ahead of the upcoming historic visit of Chinese Premier Li Qiang, marking a significant milestone in China-Pakistan relations after 11 years.

The Chinese Ambassador and the Minister for Planning discussed key strategic initiatives between the two countries, with a focus on the upcoming visit of the Chinese Prime Minister. Both leaders emphasized that the visit presents a strategic opportunity to further deepen bilateral cooperation and achieve meaningful outcomes. To ensure the success of this visit, both sides agreed to establish a dedicated working group that will focus specifically on aligning and maximizing the outcomes of the Prime Minister’s visit.

During the discussion the Minister Ahsan Iqbal praised China’s unwavering support in Pakistan’s development journey, particularly in infrastructure, energy, and industrialization. He highlighted the strategic importance of CPEC for Pakistan’s economic revival and regional connectivity. The Minister reaffirmed Pakistan’s commitment to providing all necessary facilitation to ensure the smooth execution of ongoing projects. Minister Iqbal also stressed that Pakistan remains focused on overcoming economic challenges through long-term partnerships that promote inclusive growth. He assured the Ambassador that any obstacles impeding the progress of critical projects would be addressed on a priority basis to ensure their timely completion.

Ambassador Jiang Zaidong expressed his satisfaction with Pakistan’s economic growth, policy continuity, business environment, and security. He praised the progress made under the current government. “Pakistan’s GDP grew from 0.9% last fiscal year to 2.8% this year, and we foresee it reaching 3.2% in the upcoming fiscal year. The improvement in foreign exchange reserves is also a positive sign for Pakistan’s economy. These are remarkable achievements under the leadership of Prime Minister Shahbaz Sharif and his cabinet,” the Ambassador stated. The Ambassador also acknowledged Minister Ahsan Iqbal for his continuous support, hardship and dedication towards advancing CPEC.

Both leaders recognized the significant progress made on these initiatives and reaffirmed their commitment to ensuring their timely completion. They shared a common vision for the future, emphasizing the importance of long-term, sustainable cooperation that will benefit both nations.