CPEC promotes Pakistan's socio-economic growth: Official

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Photo taken on May 25, 2022 shows a view of the Lahore Converter Station of the 660kV Matiari-Lahore high-voltage direct current transmission

line project under the China-Pakistan Economic Corridor on the outskirts of Lahore, in Pakistan's eastern Punjab province. [Photo/Xinhua]

The China-Pakistan Economic Corridor (CPEC), a flagship project of the China-proposed Belt and Road Initiative, has been promoting the socio-economic growth of Pakistan, Pakistani Foreign Secretary Asad Majeed Khan said on Thursday.

"CPEC is playing a vital role in the country's national development and Pakistan has been focusing on CPEC and other connectivity-related initiatives in its geo-economic pursuits," Majeed said while addressing a conference organized by the Institute of Strategic Studies, an Islamabad-based think tank.

He said that CPEC projects have provided an opportunity to expand Pakistan's exports and industrial base while building rewarding economic relationships in the wider region.

Pakistan welcomes investment in CPEC-related projects and special economic zones from the interested countries, the official added.

Commenting on the challenges faced by countries around the globe, such as terrorism, climate change, and pandemic, Khan said that Pakistan sought to synergize collective efforts towards the attainment of a prosperous and secure world.

"Pakistan will continue to support an equitable and inclusive world order where nobody is left behind," he said, adding that the country always remained committed to the improvement of relations with the neighbors based on mutual respect and sovereign equality.

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