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Pakistan

PM Kakar says CPEC offers 'century's opportunity' for economic growth

  • Caretaker premier says Belt and Road Initiative has helped Pakistan witness significant development in a variety of sectors
Published October 31, 2023

Caretaker Prime Minister Anwaar-ul-Haq Kakar on Tuesday described the China-Pakistan Economic Corridor (CPEC) as a “once-in-a-century opportunity” and said Pakistan is focused on the project’s second phase to achieve rapid economic growth.

PM Kakar told China’s Phoenix TV that CPEC’s Belt and Road Initiative has helped Pakistan witness significant development in a variety of sectors.

The interim prime minister mentioned that China’s Urumqi and Pakistan’s northern Gilgit-Baltistan had huge prospects for cooperation, particularly in trade and tourism.

He said Pakistan was expecting big economic activity and an influx of tourists between the two countries, which he said would bring an improvement to the social and economic lives of the people.

“Urumqi could become an opening gateway for us to the mainland China. It is a win-win situation for both Pakistan and China,” he said.

On the significance of BRI, PM Kakar said the unique opportunity and transformation would not be restricted to Pakistan but would spread to the region with the development of north-south roads and rail and road networks.

This, he said, would lead to the enhancement of China’s economic and political influence in the world.

PM Kakar said during his visit to China, he was “mesmerized” by the impressive journey of progress made by China.

“This impression would transform me as the biggest ambassador of Pakistan-China friendship,” he said.

Asked to describe China in three words, he said, “Dignified, huge, and self-confident”.

Of the Pak-China ties, he termed them as “closest, most valuable and most desired as valued deeply by both sides”.

On cooperation with China in green energy to combat climate change, he highlighted that Pakistan was one of the worst victims of natural disasters and would take it to various multilateral forums of the world and China.

“Climate change will determine our policies being an exponential threat to the country and the region. We cannot respond in isolation,” he said.

About the rise of China seen as a threat by some countries, he said no power on earth could undo the emerging power.

“The correct approach to handle is to cooperate with China rather than to contain it,” he said.

On relations with the United States, PM Kakar said the cooperation in areas of security and counter-terrorism continued as Pakistan was committed to fighting terrorism and extremism.

Asked about prospects of improvement in ties with India, he said Pakistan had very deep and complex challenges from the Indian side despite the constant efforts for peace.

“Peace seems to be an elusive idea from the other [India] side,” he said.

He said Pakistan would not miss if there was any opportunity for improvement in relations with India, however, stressed that without the resolution of the issue of Jammu and Kashmir, a dialogue or a normal trade activity was “unthinkable”.

On the role of the international community in the settlement of the Jammu and Kashmir issue, he said, “The world needs to prioritize the moral principles rather than its self-centered strategic interests.”

On the situation in Gaza, he called for an immediate ceasefire and said that the “utterly unacceptable violence be treated as war crimes”.

He stressed the creation of an unhindered humanitarian assistance corridor to Gaza to ensure the supply of essentials including food and medicines.

Comments

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KU Oct 31, 2023 07:00pm
The PM must first explain the reasons for the delay in the Dasu dam's completion, and similarly, other dams which are very much part and parcel of CPEC. And climate change is already upon us and we will have to prepare for it ourselves and in isolation, because no one is coming to help us with funds. The data and true yields of various crops for the last few seasons should be enough to do something about the nightmare of food shortages and unemployment. Remember the figure 240 million?
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IMTIAZ CASSUM AGBOATWALA Oct 31, 2023 09:18pm
He is living in a fool's Paradise if he thinks investors and tourists are going to flock to Pakistan.
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Tulukan Mairandi Oct 31, 2023 09:19pm
A decade has passed with only degeneration because of CPEC
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cool Oct 31, 2023 09:31pm
this century is only for outside investors. Local leaders are just to collect kickbacks and photo ops. I just do not understand who will pay dollar index returns to all these loans what these leaders are taking now. Be it Arabs or Chinese no body really trusts Pakistan's ability to pay back/
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zh Oct 31, 2023 09:36pm
@IMTIAZ CASSUM AGBOATWALA, Mr' Kakar is in the same world as his mentor.
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Parvez Oct 31, 2023 11:31pm
He reminds me of the story of the dog walking underneath a donkey cart thinking he is pulling it.
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