Finance Minister Muhammad Aurangzeb says that China is investing billions of dollars in the energy sector and Chinese IPPs are major investors in Pakistan. China’s investment in Pakistan is commendable.
Addressing the function of China Chamber of Commerce in Islamabad, the Finance Minister said that China’s development is an example for the world and we are determined to take CPEC Phase Two forward.
The Finance Minister said that Pakistan’s economy is moving in a positive direction and economic stability will come soon.
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He further said that Pakistan’s currency has stabilized in the last few months, Pakistan’s foreign exchange reserves have increased significantly.
The finance minister said that we are going to start the second phase of CPEC, the strategic partnership of Pakistan and China is commendable.
Addressing the ceremony, Federal Minister for Information Ataullah Tarar said that the friendship between Pakistan and China spans decades, the friendship between Pakistan and China is being passed down from generation to generation. China supported Pakistan in every good and bad time.
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He said that CPEC is a proof of closeness and ideal friendship between the two countries, CPEC is a plan for the prosperity of the entire region, not only Pakistan and China, energy projects have been implemented under CPEC, CPEC and non-CPEC. Energy problems were solved by PEC projects.
The Federal Minister of Information said that China has an important role in the economic improvement of Pakistan, the strategic partnership between Pakistan and China is commendable, both countries are going to start the next phase of CPEC.
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