Nong Rong assures full support & cooperation of Chinese Govt in developing SEZs as part of CPEC

ISLAMABAD, Oct 22 (SABAH): Nong Rong, Ambassador of the People’s Republic of China called on Federal Minister for Finance and Revenue Senator Mohammad Ishaq Dar here at Finance Division on Saturday.

Welcoming the Ambassador, Finance Minister Senator Ishaq Dar said that Pakistan and China enjoy deep-rooted friendly relations which strengthen with each passing day. The Finance Minister further highlighted the economic challenges and policies of the present government with aim to bring about economic and fiscal stability.

The Finance Minister also appreciated the support extended by the Chinese leadership for flood relief and refinancing of syndicate facility of RMB 15 billion (US$ 2.24 billion) to Pakistan. Referring to CPEC, the Finance Minister said that the Economic Corridor will play an important role in taking Pakistan’s economy forward as well as cementing the bilateral relationship between both the countries. He further assured his full support for the successful implementation of CPEC projects.

Nong Rong reaffirmed Chinese Government’s continued support to Pakistan and thanked Government of Pakistan in facilitating Chinese companies in various projects in Pakistan. He also assured full support and cooperation of Chinese Government in developing Special Economic Zones as part of CPEC. The proposed visit of Prime Minister of Pakistan to China was also discussed in the meeting and both sides hoped that the visit will enhance bilateral relations between both the countries. Ishaq Dar thanked the Chinese Ambassador for support and cooperation.