Tuesday, July 4, 2017

CPEC all set to steal spotlight at Saarc summit


July 5, 2017

ISLAMABAD: Zubair Tufail, President Federation of Pakistan Chambers of Commerce and Industry (FPCCI), on Tuesday reiterated his commitment to leave no stone unturned for strengthening regional connectivity through the spillover benefits of the game-changing China-Pakistan Economic Corridor (CPEC). 

The CPEC will the take center stage at the upcoming 70th Executive Committee meeting of the SAARC Chamber of Commerce and Industry as it is aimed at expediting economic growth within and beyond the region,” Tufail said in a statement issued by the apex chamber.

Better infrastructure and connectivity will ultimately benefit Afghanistan and Central Asian Republics for which Pakistan is the gateway, while this mega project will also enhance financial and economic cooperation between various regional members for common good.” 

Tufail said the CPEC would act as a trade bridge between China, Middle East, and Europe through Pakistan, generating thousands of jobs and revenue worth billions for both countries. 

It is expected that millions of people will benefit from this corridor as the project has the capacity to boost economic activities, trade linkages, technical cooperation, new financial opportunities, and sociocultural connectivity among people in the region,” the FPCCI official observed. 

It must be noted that Tufail is a keynote speaker at the Saarc CCI meeting scheduled from July 24, 2017 in Thimphu Bhutan. The event will be attended by the leading businessmen and economic experts from the region to explore the opportunities during and after the completion of the CPEC project

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