ISLAMABAD: Acting High Commissioner (HC) of Pakistan Muhammad Saleem has said that China Pakistan Economic Corridor (CPEC) is a major part of Belt and Road Initiative (BRI) and it is envisioned as a corridor of peace, prosperity and development.
Saleem said this while speaking at the BRI conference arranged by Carleton University here, according to a press release received from Ottawa.
The acting high commissioner said that CPEC will bring in steady socio-economic development in Pakistan by attracting foreign and local investment into the energy and infrastructure sectors. He added that through CPEC, Pakistan will become an energy secure country and its GDP growth will increase by 2-3 per cent.
He said that early harvest energy and infrastructure projects created 40,000 local jobs and the new projects will usher in an era of development and prosperity. He concluded that CPEC was a manifestation of common objectives and shared prosperity of the people of Pakistan and China.
Speaking on the occasion, Chinese Ambassador to Canada Lu Shaye said that BRI was not a geopolitical tool but it is a new approach to international development and prosperity which aims to advance economic and trade coordination among regional countries.
A large number of academics, diplomats, media persons, businessmen and students attended the conference.
