Second Phase of CPEC to promote B2B links between Pakistan and China

The focus of the second phase of CPEC is the promotion of business-to-business (B2B) links between Pakistan and China.

These remarks regarding China Pakistan Economic Corridor were stated by the Federal Minister for Planning, Development, and Special Initiatives Ahsan Iqbal in a video message ahead of Prime Minister Mian Muhammad Shehbaz Sharif’s visit to China today (Tuesday, June 4). He said that a delegation comprising of one hundred and twenty-six Pakistani businessmen is also visiting China.

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Planning Minister Ahsan Iqbal further stated that there is a big opportunity for us to export the country’s products to neighboring China. He said that the Pakistani business delegation will sign investment and export agreements with their Chinese counterparts during the visit.

The Minister for Planning and Development also recalled that the first phase of CPEC focused on infrastructure development. He said this also provided two hundred thousand job opportunities to the youth. He said that the second phase of CPEC will create more opportunities and bring prosperity to the country. The government is focusing all its efforts on ensuring a high growth rate on a sustainable basis, the Minister added.