Joint venture of Chinese industry with Pakistan’s labour to create win-win situation: PM

Prime Minister Muhammad Shehbaz Sharif says the joint venture of Chinese industry and technology with Pakistan’s labour and investment will create a win-win situation for both countries by boosting their production and exports.

In an interview with representatives of Chinese media, he said the two countries are moving toward the second phase of China-Pakistan Economic Corridor, comprising regional cooperation and industrialization through establishing the industrial zones.

The Prime Minister said in form of CPEC, Pakistan has been the first beneficiary of the Belt and Road Initiative of President Xi Jinping.

Replying to a question, he said the CPEC projects faced some hiccups during last three to four years but the incumbent government is resolved to take it to “Pakistan Speed” to fill the gap.

To another question, Shehbaz Sharif said the enemies cannot digest the close China-Pakistan ties but reiterated his government’s resolve to ensure security of the Chinese nationals in Pakistan.

Source: Radio Pakistan