ISLAMABAD – Pakistan, China agree on CPEC phase 2 and new corridors during high-level talks aimed at expanding economic and infrastructure cooperation. Officials from both countries highlighted the strategic importance of the initiative.
The agreement covers the next phase of the China-Pakistan Economic Corridor (CPEC), which includes new industrial zones, energy projects, and transport networks. Both sides stressed the benefits for regional trade and economic growth.
Pakistan, China agree on CPEC phase 2 and new corridors, signaling a commitment to deepen collaboration on infrastructure, technology, and connectivity. The two countries emphasized efficient project implementation and investment in key sectors.
Key components of CPEC phase 2 include expansion of highways, rail links, and power generation projects. New economic zones and industrial parks are planned to create jobs and enhance manufacturing capacity in Pakistan.
Officials stated that the new corridors under CPEC will strengthen trade links not only between Pakistan and China but also with neighboring countries, boosting regional integration.
Pakistan, China agree on CPEC phase 2 and new corridors, aiming to attract foreign investment and facilitate technology transfer. Both governments stressed transparency, sustainable development, and environmental safeguards for all projects.
The agreement also includes enhanced cooperation in digital infrastructure, vocational training, and skill development programs to prepare Pakistan’s workforce for new opportunities.
Experts say the CPEC phase 2 projects could significantly increase Pakistan’s GDP and improve connectivity across South and Central Asia. The initiative is expected to create thousands of direct and indirect jobs.
Leaders from both nations reaffirmed their long-standing strategic partnership. They emphasized that CPEC is a flagship project under the Belt and Road Initiative, promoting mutual growth and regional stability.
The successful conclusion of these talks sets the stage for immediate implementation of key projects, ensuring that Pakistan and China continue to benefit from strengthened economic and strategic ties.
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