5 years, 6 months ago

CPEC has entered into the second phase: Chinese envoy

Chinese Ambassador to Pakistan Yao Jing has said that the China-Pakistan Economic Corridor has entered into the second phase after completion of key projects in the first stage. Completion of phase-I of CPEC had set a strong foundation for the second phase, which would focus on the development of Special Economic Zones, strengthening trade and cultural ties through joint ventures and exchange of delegations, he said. Mr. Yao highlighted that China had granted duty-free access for export of 313 goods under the second phase of China-Pakistan free trade agreement. Praising RCCI’s role in promoting trade between the two countries, he said that the Chinese embassy would ensure cooperation to enhance the partnership between the Chinese trade agency and the RCCI.

The Hindu

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