Tuesday , August 22 2017

Geo-economics should take precedence over Geo-politics; PM Nawaz Sharief

Islamabad: Prime Minister Nawaz Sharif on Sunday while addressing the plenary session of the Belt and Road Forum (BRF) for International Cooperation in Beijing stressed that geo-economics should take precedence over geopolitics and centre of gravity should shift from conflict to cooperation, Ptv News reported.
PM Sharif, after arriving in the Chinese capital on Friday to participate in the One Belt, One Road (OBOR) forum, said the China-Pakistan Economic Corridor (CPEC) should not be politicized, adding that the corridor remains open to all countries.
Talking about the multibillion-dollar China-Pakistan Economic Corridor (CPEC), the prime minister said that CPEC being the core project of OBOR aims to connect the neighbours of East and West Asia making Pakistan both an instrument and destination for investment and trade across the region and has started to create new entrepreneurs, jobs and businesses.”
Highlighting the environment created for the China-Pakistan Economic Corridor stressed that “Peace and development go hand-in-hand and nothing can pave the way for peace and security other than economic development achieved through regional collaboration.”
He added that it is compatible with the country’s vision for 2025, where investment is undertaken in different sectors such as energy, industry, trade and transport adding that efforts were being made to bridge the gap between economic growth and social development through a focus on education, gender mainstreaming and health.
Terming ‘China as Pakistan’s close friend and trusted ally’, Nawaz Sharif said his participation at the Forum was to celebrate the remarkable success of the seminal initiative of ‘One Belt, One Road (OBOR)’.
He expressed confidence that the historic event would build critical pathways in the years to come for economic and financial cooperation, business-to-business collaboration, and people-to-people contacts.
According to reports, Pm is expected to participate in an investment conference besides meeting business and corporate leaders and several agreements are expected to be signed between Islamabad and Beijing in connection with CPEC project during the visit.
PM Nawaz is accompanied by four chief ministers and some senior federal ministers, including Finance Minister Ishaq Dar, Minister for Railways Saad Rafique, State Minister for Commerce Khurram Dastagir, Minister for Planning, Development and Reforms Ahsan Iqbal, Minister of State for IT Anusha Rahman and Foreign Affairs Adviser Sartaj Aziz.

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