Ishaq Dar reaffirms resolve to implement CPEC project

ISLAMABAD: Finance Minister Senator Ishaq Dar reaffirmed the firm resolve of the government for successfully implementing China-Pakistan Economic Corridor (CPEC) project as it will play an important role in taking local economy forward, ARY News reported on Saturday.

Talking to Ambassador of the People’s Republic of China Nong Rong, who called on him, the minister said that Pakistan and China were enjoying deep-rooted friendly relations which were strengthening with each passing day, said a press release.

The minister further highlighted the economic challenges and policies of the present government with aim to bring about economic and fiscal stability. He 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.

The finance minister reaffirmed the firm resolve of the government to successfully implement CPEC project as it will play an important role in taking local economy forward as well as cementing the bilateral relationship between both the countries.

Speaking on the occasion, the Ambassador reaffirmed the Chinese Government’s continued support to Pakistan and thanked the Government of Pakistan on 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.