Monday 10 June 2024
Sheffield (Urdu Point Latest News - NNI. June 10, 2024) The President of Muslim League-N Sheffield UK, Raja Muhammad Iqbal Khan has said that Pakistan Prime Minister Muhammad Shahbaz Sharif's visit to China is very important and it will further strengthen Pakistan-China relations. , will play an important role in stabilizing Pakistan's economy and speeding up work on the China-Pakistan Economic Corridor.
He has said that during the visit of the Prime Minister of Pakistan Muhammad Shahbaz Sharif, several memorandums of understanding have been signed, which reflect the determination to strengthen the economic cooperation between the private sectors of the two countries. He said that this M. The OUs are related to various sectors including infrastructure development, energy, trade and technology and will significantly boost bilateral economic relations and Pakistan's economy by attracting Chinese investment and expertise.
These MoUs aim to increase Pakistan's industrial capacity, improve its infrastructure and create employment opportunities. He said that one of the main objectives of the Prime Minister's visit to Pakistan is the development of the second phase of CPEC. This phase focuses on industrialization, agricultural cooperation and socio-economic development. Prioritizing these sectors, the two countries will transform CPEC beyond infrastructure projects into a comprehensive economic partnership that will benefit various sectors.
He further said that special economic zones will be established under this, which will bring more investment in Pakistan and promote industrial development. He said that this visit also highlighted the strategic importance of Pakistan-China relations. What is it. By strengthening bilateral relations, both countries are strengthening mutual development and regional stability. This cooperation will further strengthen Pakistan's position in regional trade and geopolitics, which will also benefit China's Belt and Road Initiative.