Beijing: July 11, 2023: The meeting of 12th (Special) Joint Cooperation Committee (JCC) of China-Pakistan Economic Corridor (CPEC) was held in Beijing on Tuesday. Federal Minister for Planning, Development & Special Initiatives, Prof Ahsan Iqbal & Vice Chairman, National Development & Reform Commission (NDRC), China Mr. Cong Liang co-chaired the meeting. Senior officials and representatives of various Ministries and departments dealing with CPEC matters from both the sides were also present at the occasion.

In his remarks, the Minister noted that CPEC is a remarkable endeavor that symbolizes the deep-rooted ties between China and Pakistan. He recalled that this monumental project, initiated under the visionary leadership of President Xi and then Prime Minister of Pakistan Mr. Nawaz Sharif, had been instrumental in transforming the economic landscape of the region. It has fostered connectivity, enhanced trade, and opened up new avenues for shared prosperity.

It is noted that since the government came into power in April 2022 the CPEC projects have been revived which remained halted. Out of total 12 JCC, the Planning Minister Ahsan Iqbal Co_chaired 9th JCC so far. The Chinese authorities have already declared the Minister Planning as ‘Mr. CPEC’. The Minister emphasized that CPEC is the topmost national priority of the Pakistan-China All-Weather Strategic Cooperative Partnership and these avenues provided an opportunity to consolidate successes and further enhance potential future cooperation.

He also noted that while numerous milestones had already been achieved, there was a massive potential for expanding and developing in agriculture, industry, technology and mining sectors. He also conveyed deep appreciation of Prime Minister Shahbaz Sharif for the hard work of the JCC and reiterated Government of Pakistan’s commitment to provide consistent policies and conducive environment for Chinese companies and citizens working in Pakistan.

During the meeting, the conveners of the Joint Working Groups (JWGs) on Energy, Transport Infrastructure, and Gwadar Port made presentations highlighting the progress on their specific areas and informed about the future plans of actions. The JCC also highlighted the significance of the key projects for energy and infrastructure development; which are now operational and providing a myriad of opportunities for socio-economic development in Pakistan.