CPEC to boost connectivity, economic integration in region

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CPEC to boost connectivity, economic integration in region

ISLAMABAD, Sep 21 (APP): China Pakistan Economic Corridor (CPEC) would boost regional connectivity and economic integration which would change the fate of billions of people in the region.

Through CPEC, Gawadar port would be connected with rest of the region through road and rail links which would offer huge opportunity to the regional countries for enhancing their trade opportunities and for exploiting economic, social, strategic and political benefits, said speakers here in a two-day national conference on “CPEC: Macro and Micro Economic Dividends for Pakistan and the Regional” organized by Islamabad Policy Research Institute (IPRI) on Wednesday.

While addressing the conference,academician and known industrialist, Dr. Kamal Monnoo highlighted the issues on economic advantages for industrial sector development through CPEC.

He said that China wants to connect the 64 countries of world through these corridors and after completion of this mega project $150 billion trade would be routed through Pakistan.

Dr. Kamal said China is going to emerged as a soft super power.

He said that China would be epi- center of world trade and hub of economic activities in future.

Now Pakistan need to follow the balanced and responsible approach in making relations with western countries as well instead of adopting policy of isolating itself from the western block.

On the occasion, Director,Institute of Agricultural and Resource Economic, University of Agriculture,Faisalabad Dr. Sultan Ali Adil said that,”we need value addition to enhance the agro-industrial growth in the country.”

He stressed the need to support and facilitate the farmers for getting quality cops and go for value addition.

Addressing on the occasion, Head of Department of National University of Modern Languages (NUML), Dr. Samina Shafique said CPEC would enhance the opportunities in services sector and would grow the entrepreneurs.

Academician, Dean, Center for International Peace and Stability (CIPS) National university of Science and Technology (NUST) Dr, Tughral Yamin highlighted the need to enhance trade and economic relation with regional countries including India and Afghanistan for benefitting from CPEC.