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China, Pakistan agree to upgrade CPEC, advance development in second phase

Daily Dateline Islamabad by Daily Dateline Islamabad
June 8, 2024
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BEIJING (Web Desk) – Prime Minister Shehbaz Sharif and Chinese President Xi Jinping on Friday held a productive meeting while reaffirming the consensus to high-quality development of China Pakistan Economic Corridor (CPEC) and timely completion of major ongoing projects.

The two leaders also affirmed consensus on up-gradation of the CPEC and advancing the development of the mega project in the second phase.

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The prime minister briefed President Xi on Pakistan’s policies for economic reform and sustained growth, industrial development, agricultural modernization and regional connectivity and the critical role played by CPEC in Pakistan’s development.

He asserted Pakistan’s commitment to high-quality development of CPEC and to foster synergy between the development strategies of the two countries through close coordination.

The meeting between the two leaders was held at the historic Great Hall of the People. The two leaders were accompanied by the federal ministers and senior officials.

It was the first meeting of PM Shehbaz with the President of China since assuming office in 2024. The meeting was marked by traditional warmth reflective of the iron-clad friendship and close strategic ties between the two countries.

The prime minister thanked President Xi Jinping for the warm and gracious welcome accorded to him and his delegation in China.

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