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CPEC and BRI hold immense potential to access EU markets

According to the latest new, the President of Azad Jammu and Kashmir Sardar Masood Khan stated that CPEC will act as a leading project of the Belt and Road Initiative (BRI) in which Pakistan will hold a central position as link between Europe and China. He made this statement during a seminar titled “Pakistan’s New Role between China and Europe; Opportunities and Challenges of China’s Silk Road Project”. The event was held by Austrian Institute of European and Security Policy.

While highlighting the key role of EU market for trade and regional connectivity the President AJK said:

“Both the BRI and CPEC are a conscious effort to reach out to Europe. CPEC is not just a standalone project. Now many regional and extra-regional states are showing interest in it. With massive potential, this initiative covers 68 countries and investment of over $1 trillion.”

In this perspective, European Union holds a highly significant role in bringing regional connectivity and enhancing trade opportunities for the global economic growth and prosperity.

 

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