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PM Shahid Khaqan Abbasi addresses Boao Forum for Asia Annual Conference

Prime Minister Shahid Khaqan Abbasi addressed Boao Forum for Asia annual conference that CPEC is the most important part of Belt and Road initiative.

 

About the devaluing state of Pakistani rupee, he said that rupee has to find its value and CPEC is helpful in this regard. He added that Pakistan experienced 5 percent growth due to CPEC and ensured the efforts of government for the perpetuation of this growth by showing the hope to attain plus six percent growth rate.

 

He commented that 70 years old Pak-China relationships are strengthened by Military cooperation and development projects. He also announced the participation of Pakistan in Shanghai Cooperation Organization summit in June.

 

Moreover, he debated about Pakistan’s decision of keeping Yuan as a reserve currency for trade that it is under Pakistan financial strategy and will also help Yuan to become an international currency. He added that Pakistan dos not believe in protectionism and thinks that liberalization is the way forward.

 

PM would meet Chinese president and he said that he believes in the Chinese vision for World.

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