The government has decided that the clearance of ''''low-risk'''' items from China under China Pakistan Economic Corridor (CPEC) projects has been allowed through Manual cum One-Customs System under interim arrangement till Web Based One Customs (WEBOC) System would be in place.
Sources told Business Recorder that the decision has been taken during the last meeting to review the progress on CPEC projects under the chairmanship of Minister for Planning, Development and Reform (MPO& R) here at the Ministry of Planning, Development and Reform on Wednesday.
In his opening remarks, the MPD&R secretary highlighted that the meeting was a significant milestone and is reflective of the strenuous efforts undertaken under the guided leadership of the PD&R minister. He especially thanked ambassador of China for his presence. He further put light on CPEC projects and highlighted that it is an outcome of long term relationship between the two countries. He further said that the cooperation in the shape or long term plan is going to stay and will move forward with full support of both the governments.
The representative from Board of Investment (BoI) gave progress update since 54th CPEC progress review meeting and put light on BoI several ongoing endeavors which include preparation for organizing road shows in China, engagement of Professor Justin Lin to identify Chinese industries that needs to be relocated, update on BoI''''s engagement with the HEC related to consortium of business schools, preparation for , Shanghai Expo; status of land acquisition of Federal SEZ at Gwadar, Port Qasim and Islamabad.
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