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China interested to set up Silk Route Economical Belt and Marine Economical Route to boost economical ties among South Asia, Central Asia and Middle East: Yao Wen

Islamabad, March 26, 2014 (PPI-OT): China is interesting to set up Silk Route Economical Belt and Marine Economical Rout to boost economical ties among South Asia, Central Asia and Middle East. China will provide full support in development and infrastructure projects like Gawader Port, Karachi Lahore Motorway and Silk Rout Economical Corridor by constructing Karakarum High Way which will help Pakistan to grow as Asian Tiger. It was announced by Deputy Ambassador of China to Pakistan Mr. Yao Wen addressing the closing ceremony of 4 days Pak- China Business Forum 2014 here on Monday organized by CIIT.

During his address Mr. Yao Wen appreciated the efforts laid down in making the event a success. He acknowledged the participation of businessmen from both countries who have actively participated in the forum. Addressing the ceremony, he emphasized on the fact of having stronger bilateral relations between the two countries. Furthermore, he also highlighted that China has been working for the betterment of Pakistan in different sectors/ projects major are Gwadar Port, Karachi Lahore Motorway, and Karakoram Highway and Economical corridor. Insisting on the need of more bilateral relations across the borders, Deputy Ambassador said to develop the Silk Route Economical Belt for the revival of trade and economy in the region. Ending the speech, he appreciated the efforts that were made to make the Pak China Business Forum 2014 a success.

Dr. Juneed Zaidi, Rector CIIT said in his closing remarks that India is exporting billions of dollars IT services to China, why Pakistan not get share. There are great opportunities to expend bilateral trade.

Mr. Imran Afzal Cheema Secretary Chairman Board of Investment also thanked the management of CIIT. He also acknowledged Chinese and Pakistani Industrialists for showcasing their projects.

Country Director UNIDO Mr. Ehsam also appreciated the efforts of bringing together the businessmen from China and Pakistan on one platform and marked the event a success in all aspects.

For more information, contact:
China Study Centre
Faculty of Business Administration
COMSATS Institute of Information Technology
Park Road, Chak Shehzad. Islamabad
Phone: +92 (0)5 1 90495396
Fax: +92-(O) 51 -9247006
Email: pcw@comsats.edu.pk
Further details: wwwcomsats.edu.pk/pcw

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