CPEC is most important project in the history of Pak-China cooperation: FPCCI

Lahore: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has said that Pakistan and China are best friends while Beijing has always unconditionally supported Pakistan. China has played very vital role in development of Pakistan and we will not compromise our brotherly relations at any cost, it said.

The cordial ties between two countries have reached new heights with the launch of CPEC as for the very first time economic relations have gained more importance than then political ties, said Abdul Rauf Alam, President FPCCI.

Speaking to11^th China-South Asia Business Forum, he said that friendship with China is our most precious asset while CPEC is a game changer project which cannot be compromised ta any cost.

He said that the project would be completed well in time while it would be kept safe as COAS Gen. Raheel Sharif is taking personal interest in it. Pakistan is providing enhanced security to Chinese nationals working for the $46-billion project as the country’s domestic and foreign nations are using “extreme means” to sabotage the ambitious project, he said.

Abdul Rauf Alam said that CEPC will push bilateral economic, political and cultural relations to new heights which will be beginning of a new era of prosperity which is not acceptable to some countries.

The economic corridor is the most important agreement in the history of Pakistan and China which will not only strengthen Pakistan’s economy bit it will also be an impregnable line of defence, he said.

The President FPCCI said that Chinese impressive progress has amazed whole world which proves that their economic model is one of the best and that now time has come that private sector of both countries use each other expertise to excel in various fields including energy, infrastructure, tourism and mining etc.

China-Pakistan Economic Corridor for Pakistan as the strongest pillar of economic, commercial and cultural connectivity between Pakistan and China and its regional impact will be very positive, he said, adding that the network of roads, railways and industrial parks will herald a new era of development and prosperity to benefit three billion people.

It will bring China’s financial and industrial capacity and technological ability with Pakistan’s plentiful resources, hard-working labour and market,” he added.

He said that it is a matter of few years when China will become world’s greatest economic power which will also help Pakistan’s economy.

CPEC is a significant part of the ‘Belt and Road’ initiative,” which is not only a domestic strategy of China to open up its central and western regions, but also a highly laudable regional and international development proposal, he observed.

China has assured Pakistan that any change in the international political scenario will not impact the CPEC plans which is very heartening, said Alam.