National News

CPEC to complement regional connectivity initiatives of CAREC countries: Dar

ISLAMABAD, Oct 26 (APP): Minister for Finance Senator Muhammad Ishaq Dar said on Wednesday that Pakistan was implementing the China-Pakistan Economic Corridor (CPEC), which would also complement the regional connectivity initiatives of the Central Asia Regional Economic Cooperation (CAREC) countries. “The CPEC offers a massive opportunity for connectivity between Central Asia, Middle East and Africa and is bound to play a defining role in the economic development of our region,” he said in his welcome address at the 15th CAREC Ministerial Meeting on the theme of “Linking Connectivity with Economic Transformation in CAREC”, here at a local hotel.Prime Minister Muhammad Nawaz Sharif inaugurated the meeting while Presidentof Asian Development Bank (ADB) Takehiko Nakao, representatives of CAREC member states, members of the Diplomatic Corps, federal ministers, senior officials also attended the meeting.The meeting was organized by the Ministry of Finance and Economic Affairs Division.Senator Muhammad Ishaq Dar said that improving transport corridor was not an end in itself but it was an investment in establishing sound infrastructure and complementary frameworks for opportunities in shared prosperity for the present and future generations of our region.