Islamabad: Speaker National Assembly Sardar Ayaz Sadiq has said that Pakistan is committed to deepen an unprecedented regional cooperation and connectivity in Asia and beyond. He remarked that China-Pakistan Economic Corridor was manifestation of Pak-China time tested friendship and a demonstration of our resolve to broaden cooperation in all spheres of development. He was speaking at the 5th China-Eurasia Expo, held in Urumqi, China.
Sardar Ayaz Sadiq highlighted that robust macroeconomic and financial cooperation among nations was prerequisite to secure regional and global economic stability. Referring to Pak-China strategic and inter-parliamentary relations, he added that the relation enjoyed across-the-board political and popular public support that was unique and set it apart from the rest of the world. The China-Pakistan Economic Corridor was surely going to open up new vistas of development for the entire region, he added.
The Speaker remarked that Pakistan welcomed the participation of public and private companies from across the region to invest in Pakistan and make the most of this regional connectivity. He urged the need for boosting trade, investment and industrial integration within Asia and Europe through trade liberalization, allowing greater access to markets and investment-friendly policies. He highlighted that the investment policy in Pakistan had been immensely conducive, welcoming and consistent for the last few years with trade liberalization, de-regulation and privatization being its cornerstone. He further remarked that the recently awarded GSP Plus status to Pakistan by the European Union was a demonstration of the confidence of the international market in the quality of Pakistani products.
Sardar Ayaz Sadiq urged the participating states to muster their respective expertise vis-a-vis oversight on the executive and influencing governments to invest more in promoting peace, harmony and development for secure and sustainable future of coming generations.