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China cooperation to boost economy: Sharif

Published: 27 Jul 2013 - 12:35 am | Last Updated: 31 Jan 2022 - 01:55 pm

Islamabad: Pakistani Prime Minister Muhammad Nawaz Sharif on Thursday said the economic cooperation agreed upon between Pakistan and China during his recent visit to China will result in Pakistan’s economic resurgence.

The Prime Minister expressed these views while briefing the Cabinet here on his successful visit to China where he had mutually beneficial, productive and result-oriented interaction with the political and business leadership of the country. He informed the Cabinet that both the countries had agreed on the implementation of a mega project of Gwadar-Kashgar economic corridor which would not only prove to be ‘a dream come true’ in terms of progress and prosperity for the people of Pakistan but for the whole region.

The Prime Minister said that Chinese companies are expected to relocate their businesses in the economic zones along the Corridor in Pakistan. It will also open avenues for Pakistan’s trade and commerce with other countries of the region, he was quoted by the Associated Press of Pakistan as saying.

The Prime Minister said that both the countries have formed task forces to monitor and expedite the progress in implementation of the economic corridor project.

Agencies