Saturday, May 18, 2024

Pakistan, China Deepening All-Round Cooperation: White Paper

Over the past decade, BRI cooperation has delivered real gains to participating countries, said a white paper released on October 10.

In the white paper, titled “The Belt and Road Initiative: A Key Pillar of the Global Community of Shared Future”, China-Pakistan cooperation in different sectors over the past decade are presented, including projects that facilitate policy coordination, infrastructure construction, trade, financial integration, the improving of people’s lives, and so on.

As per the white paper, the construction of economic corridors and international routes is making substantial progress. Take Pakistan as an example. “Major projects along the China-Pakistan Economic Corridor are under way. The Peshawar-Karachi Motorway (Sukkur-Multan section), the Karakoram Highway Phase II (Havelian-Thakot section), and the Lahore Orange Line Metro are all open to traffic. Coal-fired power plants such as Sahiwal, Port Qasim, Thar, and Hub are operating safely and steadily; the Mehra DC transmission project is operational; and the Kalot Hydropower Station is connected to the power grid. Rashakai Special Economic Zone has reached the stage of comprehensive development,” reads the paper, adding that the Gwadar Port in Pakistan has seen major progress and is marching towards the goal of becoming a logistics center and industrial base.

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