PM pledges resolve to expedite development of CPEC projects

China congratulates Shehbaz Sharif on election as new PM


ISLAMABAD, Prime Minister Shehbaz Sharif has affirmed his Government’s resolve to speed up to high quality development of CPEC projects and make it a symbol of China-Pakistan friendship and close partnership.

He was talking to the Charge d’ Affaires of China Ms. Pang Chunxue, who paid a courtesy call on him in Islamabad on Tuesday.

The Prime Minister underlined the importance of enhanced investment from China in industrialization, agriculture, and digital technologies. He appreciated CPEC’s continued progress as the flagship project of President Xi Jinping’s Belt and Road Initiative and its importance for the economic development and prosperity of Pakistan.

While conveying his warm greetings and gratitude to the Chinese leadership, the Prime Minister recalled his many visits to China, during the course of which, he had the pleasure and honour of meeting with President Xi who had taken a personal interest in promoting relations with Pakistan.

Recalling his close cooperation with China as Chief Minister of Punjab, Shehbaz Sharif reaffirmed the All-Weather Strategic Cooperative Partnership between Pakistan and China as a cornerstone of Pakistan’s policy and factor for regional peace and stability. He underscored that friendship with China resides in the hearts of the people of Pakistan and China is Pakistan’s strongest friend and closest partner.

The Prime Minister affirmed his government’s commitment to further deepening the win-win economic cooperative partnership between the two countries.

The Charge d’ Affaires conveyed warm felicitations and good wishes of the Chinese government and leadership on the assumption of office by the Prime Minister.

She emphasized that the Prime Minister was viewed as a strong and committed friend of China and enjoyed great respect and admiration in her country. She also lauded Prime Minister’s contribution to promoting China-Pakistan Economic Cooperation during the years that he was Chief Minister of the Punjab province.Prime Minister Shehbaz Sharif has directed to prepare suggestions and recommendations on emergency basis to cope with the serious economic challenges confronting Pakistan.

These proposals will be formulated in consultation with all the stakeholders, including agriculture, industry, investment, banking, business and business communities, for which it has been decided to hold a summit in the next few days.

It has also been decided to reorganize the National Economic Council comprising impartial and leading economists.

Shehbaz Sharif made these instructions, while chairing an emergency meeting of economists in Islamabad on Tuesday after formally assuming office of the Prime Minister. He called for making comprehensive recommendations on policy options so that concrete steps can be taken.

The Prime Minister also directed to formulate comprehensive proposals for providing relief to the people and controlling inflation.

He also issued special instructions for monitoring the Ramadan Bazaar during the holy month and for immediate reduction in prices of essential commodities.

China on Tuesday congratulated Shehbaz Sharif on his election as the new prime minister of Pakistan and said it was looking forward to working with him to continue traditional friendship, deepen all-round cooperation and advance a high-quality building of the China Pakistan Economic Corridor (CPEC) to build a closer China-Pakistan community with a shared future in new era.

” We congratulate Shebaz Sharif on his election as the prime minister of Pakistan,” Chinese Foreign Ministry Spokesperson, Zhao Lijian remarked in response to a question asked by APP.

He said that China and Pakistan were all weather strategic and comprehensive cooperation partners with rock solid and unbreakable relations.

“China looks forward to working together with the Pakistani side carrying on our traditional friendship, resolutely supporting each other, deepening cooperation in various areas, and building a high quality CPEC to build an even closer China-Pak community of shared future in the new era,” he added.

Shehbaz Sharif, leader of the opposition in National Assembly, was sworn in as the 23rd prime minister of Pakistan on Monday after securing 174 votes from the 342-seat assembly, officially taking over from former Prime Minister Imran Khan, who lost a no-confidence vote on Sunday.

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