Pakistan and China to soon enter second phase of CPEC: Ruling party lawmaker

Islamabad: Pakistan and China will soon enter the second phase of the China-Pakistan Economic Corridor (CPEC), a ruling party lawmaker said.

Pakistan Muslim League (Nawaz)’s Member Punjab Assembly Salma Butt said that Pakistan enjoyed excellent ties with China and expressed confidence that under the dedicated leadership of Prime Minister Shahbaz Sharif Pakistan will soon successfully enter into the second phase of CPEC which will prove a game changer for Pakistan’s economic.

In a statement, she mentioned that Prime Minister Shahbaz Sharif had pledged to raise millions out of poverty and turning country into a progress country, adding, Shehbaz Sharif will take CPEC forward with new vigor, vitality and in a rejuvenated manner.

She said the PML-N government does not believe in the politics of anarchy and hatred but in the practical measures and not in mere hollow slogans, adding, we have founded the CPEC that is a game changer project to improve the economic condition of the country.

Salma Butt said it was also very significant that a high level Saudi foreign delegation and UAE leadership is visiting Pakistan.

She contended that these recent visits will not only open new doors of investment in Pakistan but will also inject new momentum in the business activities.

“The better foreign exchange reserves will improve the credibility of a country in front of the international financial organizations. In addition to CPEC, China has expressed willingness to invest in different projects in our country,” Salma Butt remarked.

She added that Prime Minister’s foreign policies will give fruitful results and will increase export opportunities as well.

Salma Butt stressed that Pakistan was in dire need of the foreign investment and we must expect huge foreign investment in Pakistan in near future.