Published On: Mon, Aug 29th, 2016

PM inaugurates CPEC Summit and Expo in Islamabad

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ISLAMABAD: China-Pakistan Economic Corridor (CPEC) Summit and Expo began in Islamabad on Monday.

Prime Minister Nawaz Sharif inaugurated the exhibition and visited different stalls set up in it. He was accompanied by Federal Planning and Development Minister Ahsan Iqbal.

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Several local and foreign companies are also participating in the expo.

The event is being organized to enlighten the local and foreign business community regarding investment opportunities in the country.

Minister for Planning and Development Ahsan Iqbal speaking in the exhibition said that CPEC Summit and Expo will lay the groundwork for the next round of the project.

Iqbal also stated that China Pakistan Economic Corridor will bring Chinese investment in the country.

“CPEC is based on creation of business to business links and economic cooperation between the two neighboring countries,” the minister said.

Dar hailed on hosting SAARC Finance Ministers meeting

Finance Minister of Sri Lanka, Ravi Karunanayake here on Saturday congratulated Finance Minister, Ishaq Dar on successful hosting of the 8th SAARC Finance Ministers Meeting and stated that decisions reached in the meeting would further strengthen the SAARC process.

Karunanayake heading a Sri Lankan delegation which attended the SAARC Finance Ministers meeting, called on Ishaq Dar.

He also appreciated the exceptional economic performance of Pakistan over the past three years and said Pakistan’s economy was now closely followed the world over, particularly in the South Asian region.

The South Asian countries, he added, could learn a lot from the reform efforts in Pakistan which had not only stabilized the economy in a short span of time but put it on a firm growth path.

Finance Minister Dar appreciated Karunanayake for attending the SAARC Finance Ministers meeting personally.

His presence in Islamabad, he said, was a proof of the close bilateral relations between the two countries.

Ishaq Dar said there was tremendous scope in further strengthening the economic and trade relations between the two countries and assured full cooperation of the Government of Pakistan in that endeavor.

Karunanayake thanked Minister Dar for the hospitality extended to him and his delegation during their visit to Pakistan

The meeting was attended by senior officers of the Ministry of Finance and Ministry of Foreign Affairs. –APP

Courtesy: ARY & SN

About the Author

Syed Ammar Alavi

- is Lahore (Pakistan) based journalist & writer with 25-year experience in print, wire and broadcast forms of journalism. His major fields of interest are politics, film,tv,sports, climate change and technology

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