Islamabad: China Pakistan Economic Corridor (CPEC) would boost regional connectivity and economic integration which would change the fate of billions of people in the region said speakers on the two day national conference on “CPEC: Macro and Micro Economic Dividends for Pakistan and the Region” organized b Islamabad Policy Research Institute (IPRI)
They added that through CPEC, Gawadar port would be connected with the rest of the region through road and rail links which would offer huge opportunity to the regional countries for enhancing their trade opportunities and for exploiting economic, social, strategic and political benefits.
Academician and industrialist, Dr. Kamal Monnoo focused on the issues of economic advantages for industrial sector development through CPEC.
He said that China wants to connect 64 countries of the world through these corridors and after completion of CPEC trade would be routed through Pakistan.
Dr. Kamal said China is going to emerge as a soft super power and that China would be the epic- center of world trade and the hub of economic activities in the future.
He added that now Pakistan needs to follow the balanced and responsible approach in making relations with western countries as well instead of only adopting policy of isolating itself from the western block.
The Director of Institute of Agricultural and Resource Economic, University of Agriculture, Faisalabad Dr. Sultan Ali Adil said that, ”we need value addition to enhance the agro-industrial growth in the country.”
He emphasized on the need to support and facilitate the farmers for getting quality cops and value addition.
Head of Department of National University of Modern Languages (NUML), Dr. Samina Shafique on the occassion said that CPEC would enhance the opportunities in the services sector and would make the entrepreneurs grow.
Academician, Dean, Center for International Peace and Stability (CIPS) National university of Science and Technology (NUST) Dr, Tughral Yamin stressed on the need to enhance trade and economic relations with regional countries including India and Afghanistan for benefitting from CPEC.