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Pakistan can benefit from Chinese expertise for development, economic stability: PM

Time:2021-07-07 16:07:43 Source:Xinhua

Pakistani Prime Minister Imran Khan (1st L) unveils project plates during a groundbreaking ceremony of several projects in Gwadar, Pakistan, on July 5, 2021. [Photo/Xinhua]


Pakistani Prime Minister Imran Khan said Monday that his country can benefit from Chinese expertise for development and economic stability as China has achieved rapid development and is getting stronger with each passing day.


Taking benefit of the country's strategic location and deep-rooted friendship with China, Pakistan can materialize the dream of economic prosperity and development, the prime minister said while addressing a groundbreaking ceremony of several projects at the country's southwest Gwadar port, including the start of the construction of the Gwadar north free zone, a chemical fertilizer factory, an expo building, an animal vaccination factory and a lubricant factory.


A tropical plant tissue culture center at the Gwadar port was officially put into use during the ceremony which was also attended by Chairman of Pakistan's Senate Sadiq Sanjrani, Pakistani federal ministers, Chinese Ambassador to Pakistan Nong Rong, and ambassadors and senior diplomats from several other countries.


Thanking the Chinese government for initiating various development projects in southwest Balochistan province, especially at the Gwadar port, Khan said that the port is becoming a focal point of development for Pakistan and the region at large.


He said the completion of infrastructure projects in Gwadar would give impetus to regional trade and boost economic activity. "Gwadar will connect with Central Asia...We have already signed agreements with Tajikistan and Uzbekistan."


To facilitate foreign investors, particularly Chinese investors, the government of Pakistan is going to initiate one-window operation facility in Gwadar to boost foreign direct investment and exports, the prime minister said.