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Joint venture of Chinese technology, Pakistani labour to be a win-win situation: PM

byNews Desk
June 15, 2022
in Business, Main, Technology
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Joint venture of Chinese technology, Pakistani labour to be a win-win situation: PM
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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.

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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.

PM Shehbaz said the relation between Pakistan and China have attained higher heights since President Xi Jinping took the role of leadership in China and through his vision and dynamism. Pakistan is one of the first beneficiary of his vision of BRI and CPEC.@CMShehbaz @zlj517 pic.twitter.com/LlrDxo3caW

— China-Pakistan Friendship (@DostiChina) June 14, 2022

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

PM Shehbaz said, in the second phase of CPEC, if technology and machinery from China and labor and investment from Pakistan join together, it will be a win win situation. We will have a production at very competitive rates, and export it to other countries.@CMShehbaz @zlj517 pic.twitter.com/f8rrSGXCXp

— China-Pakistan Friendship (@DostiChina) June 14, 2022

“The security of Chinese friends in Pakistan is as important as the security of Pakistanis. The Pakistani government will take all measures to ensure that the Pakistan-China friendship will not be damaged by the enemy,” he remarked.

Reiterating his condolence over the loss of three Chinese nationals in Karachi University in a suicide blast, the prime minister recalled his visit to the Chinese embassy and interaction with Premier Li Keqiang.

He said he had held multiple meetings and formulated plan with the coordination of provinces.

“We will fully try to prevent such attacks and will utilize all-out resources to thwart the enemies of the friendship of China and Pakistan,” he commented.

To a question, the prime minister appreciated the way China had handled the COVID-19 pandemic by keeping the safety of their national above all. He said China also supported Pakistan by donating vaccines and sending medical experts.

Tags: Joint VenturelatestPakistani labour
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A source of economic, political, business, finance, health and sports updates.

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