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Home China

Pakistan’s New Leadership Vows to Elevate CPEC to New Heights of Success

News Desk by News Desk
March 4, 2024
in China, Pakistan
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Special Economic Zones vital for Pakistan’s industrial growth under CPEC, expert says
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“We will elevate CPEC to a new height of success”

In a resounding victory speech, newly elected Prime Minister Muhammad Shehbaz emphasized the enduring friendship between Pakistan and China, hailing China as a “time-tested” ally. He pledged to elevate the China Pakistan Economic Corridor (CPEC) to new heights of success, underscoring its significance in bilateral relations and regional development.

Highlighting the importance of advancing CPEC, which was initiated during Nawaz Sharif’s tenure, Shehbaz Sharif expressed confidence in enhancing its success with China’s support. He reiterated Pakistan’s commitment to fostering economic cooperation and opening “trade corridors” for investors. Promising visa-free entry for friendly nations, he aimed to attract investments and stimulate economic growth.

Shehbaz Sharif’s election as the 33rd Prime Minister of Pakistan marked a significant political development. Supported by the Pakistan Peoples Party (PPP) and several small political parties, his leadership signals a collaborative approach to governance and national progress.

As the younger brother of former three-time Prime Minister Nawaz Sharif, Shehbaz Sharif brings a wealth of experience to his new role. Having previously served as the Chief Minister of Punjab province three times, he is well-versed in managing governance challenges and driving development initiatives.

Under Shehbaz Sharif’s leadership, Pakistan looks poised to capitalize on the potential of CPEC and strengthen its ties with China. With a renewed focus on economic diplomacy and investment-friendly policies, the country aims to attract international investors and propel its economy to new heights of prosperity.

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