Ahsan Iqbal holds talks with Chinese vice FM in Beijing, explores collaboration across multiple sectors, including CPEC
Federal Minister for Planning, Development, and Special Initiatives, Prof. Ahsan Iqbal, met with Chinese Vice Foreign Minister Sun Weidong to strengthen the “All Weather Strategic Cooperative Partnership.” Discussions covered the first decade of the China-Pakistan Economic Corridor (CPEC) and its second decade’s progress, focusing on five corridors: growth, livelihood, openness, inclusivity, and innovation. China praised Pakistan’s efforts, particularly Minister Iqbal’s role in CPEC, highlighting the 5-E’s framework. Both sides discussed implementing critical infrastructure projects in Pakistan, reaffirming commitment to high-quality CPEC development. Future cooperation under CPEC phase II, particularly in IT, agriculture, textile, minerals, and renewable energy sectors, was outlined. They discussed enhancing business-to-business links, facilitating visas for Pakistani businessmen, and promoting people-to-people exchanges. The meeting emphasized continued high-level exchanges to strengthen the China-Pakistan Community of Shared Future. Prof. Ahsan Iqbal’s visit included meetings with Chinese financial institutions to discuss cooperation, including completing hydel power projects and CDB’s support for development projects in Pakistan. The President of CDB assured continued support for Pakistan’s socio-economic development and was invited to witness key CPEC projects in Pakistan.
Planning Minister Ahsan Iqbal has reaffirmed Pakistan’s commitment to the high-quality development of CPEC in priority sectors like Information Technology, agriculture modernization, textile, minerals and renewable energy.
He was talking to Chinese Vice Foreign Minister Mr. Sun Weidong in Beijing today.
Discussions also include a review of successful culmination of the first decade of China-Pakistan Economic Corridor and the progress achieved in its second decade, especially on the five corridors, namely growth, livelihood, openness, inclusivity and innovation.
Both sides also discussed early implementation of ML-I, KKH realignment and other key infrastructure projects in Pakistan.
As part of efforts to promote people to people linkages, the two sides agreed to further enhance visa facilitation for each other’s citizens, which was also highlighted as central to strengthen Business to Business cooperation.
Later, Ahsan Iqbal also met with leadership of Chinese financial institutions, especially President of China Export and Credit Insurance Corporation Mr. Sheng Hetai and discussed cooperation across various sectors, including early completion of hydel power projects such as Azad Pattan and Kohala. Both sides agreed to realize the common goal of shared progress and prosperity.
The Federal Minister also met with President of China Development Bank Mr. Tan Jiong.
The two sides also discussed China Development Bank’s support for development projects in Pakistan, especially in infrastructure, renewable energy and industrial sectors.
The President of the China Development Bank assured the Federal Minister of the bank’s continued support to the efforts of the Government of Pakistan to accelerate the pace of the socio-economic development in the country.
Planning Minister invited the President of the China Development Bank to undertake a visit to Pakistan to witness the success of several key CPEC projects in the country.
Prime Minister’s Special Assistant on Foreign Affairs Syed Tariq Fatemi is also accompanying the Planning Minister.
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