Oman To Get Unbelievable Benefits From CPEC: Sartaj Aziz

Muscat: Pakistan is eyeing to be the gateway to Oman and China as the China-Pakistan Economic Corridor (CPEC) gains momentum, said Sartaj Aziz, advisor to Prime Minister of Pakistan on Foreign Affairs in Muscat. Aziz is on a two-day bilateral visit to Oman, and was addressing the Pakistani community in Oman at Pakistan School Muscat.

Sartaj Aziz said, “The strategic location of Gwadar port city on the coast of Balochistan, will help Oman explore opportunities in western China. Oman’s close proximity to Gwadar will benefit the country as CPEC progresses. Oman is building new refineries and even if ten percent oil is exported it would benefit Oman. It would also help Oman identify various economic opportunities.”

Aziz said that the country had suffered from terrorism in the past which had adverse effects on the economy however now the situation had improved. ”Terror attacks have gone down by almost 70 per cent. We have been successful in breaking major terrorism networks and have turned the corner. A lot of work is being done to combat terrorism. Our growth rate fell to three per cent in the previous years as a consequence of terrorism in the country. This year the numbers have climbed to 4.7 per cent and we hope to take it till about 5 per cent in the next year. The faith in the economy is restored.”