Published On: Fri, May 19th, 2017

FPCCI terms CPEC as govt’s biggest achievement

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ISLAMABAD: The Federation of Pakistan Chamber of Commerce and Industry (FPCCI) on Thursday said CPEC is the biggest achievement of the government which will change the fate of the country and the people.

The China Pakistan Economic Corridor CPEC) is the most import part of the One Belt One Road (OBOR) Project which is connecting 68 countries around globe having 40 percent share of the global GDP.

Some countries are opposing this project and initiating conspiracies but their designs will never succeed as the process of development is irreversible, said Atif Ikram Sheikh, Chairman FPCCI Regional Committee on Industries in a statement issued here.

He said China is investing 150 billion dollars on OBOR project and so far it has invested over one trillion dollars in it therefore she will never abandon or change the dimensions the project for unfounded reservations of any country.

CPEC and OBOR are realities and it would be in fitness of things for all the nations opposing it to stop opposing it on false assumptions and join it for rapid development, he added.

Atif Ikram Sheikh said that western economic policies have failed while Brexit and inward looking policy of US after Donald Trump proves increased fragility of the concept of globalisation and free market economy.

The opposition to globalisation in the west has played an important role in strengthening Chinese idea which is based on peace through development across the globe, he added.

The business leader said that OBOR is not just about infrastructure but it will end the economic dominance of west and begin rise of Asia on the global economic map which will be beginning of a new era of peace and prosperity.–Agency

Pakistan is the most important partner of China is achieving her goals based on welfare of the people of the global village, he said.–PPI

 

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