Foreign Minister welcomes Commonwealth interest in CPEC - Zameen News

Foreign Minister welcomes Commonwealth interest in CPEC

July 11, 2019 • news

Islamabad: At a meeting held to celebrate the 70th anniversary of the London Declaration on Wednesday, Foreign Minister Shah Mehmood Qureshi announced that Pakistan would welcome Commonwealth interest in the special economic zones (SEZs) being developed along the China-Pakistan Economic Corridor (CPEC) route, according to a news report. He told the attendees that the CPEC project, expected to make Pakistan the hub of economic activity within the South Asian region, was quickly nearing its completion phase.

During the session, Qureshi remarked on the role played by the Commonwealth in promoting good governance as well as social and economic development in its member states, and touched on matters of collective interest.

Read: CPEC to facilitate Pakistan’s GDP growth 

The minister said that following Pakistan’s reinstatement as a member of the Commonwealth in 2008, the country had taken several positive steps and implemented effective long-term policies in line with the association’s national regulatory agenda. He reminded the members that the National Development Strategy of Pakistan, Vision 2025, was completely aligned with the group’s communicated Sustainable Development Goals (SDGs) framework.

Read: CDWP approves ‘10-billion Tree Tsunami’ tree project

He stated that Pakistan, a growing economy of more than 200 million people, was actively seeking overseas investments and the strengthening of its trade and communication links with other countries.

Towards the end of his address, the foreign minister announced the issuance of a commemorative postage stamp for the 70th anniversary of the Commonwealth to show solidarity with the transnational organisation.