Islamabad: Senator Saleem Mandviwala, Chairman Senate standing Committee on Finance has said that former President Asif Ali Zardari has supported the concept of China-Pakistan Economic Corridor and presented a policy to integrate Pakistan’s economy into Chinese, because of his broader vision. This project has reached its implementing stage now, and the present government must not change the original policy on CPEC.

 He said this before leaving for China on a three day visit with the parliamentary delegation.

In a statement issued from his office, Senator Mandviwala has said that the project was initiated by the Pakistan People’s Party (PPP) in their tenure as the sitting government to facilitate both China and Pakistan strengthen their economic ties. The project, he highlighted, was aimed at integrating Pakistan’s economy into Chinese economy and vice versa.

 He said that PPP government laid the foundation of the CPEC when the International donors and the Western World were not willing to fund these projects. Chinese government has established an infrastructure bank which will fund the infrastructure project of CPEC.

He also requested the present government to take all political parties and provinces on board and fulfil the commitment of Prime Minister Nawaz Sharif given in All Parties Conference, according to which the PM has assured all parties to help in the completion of the western route of CPEC on priority basis. He was of the view that the government has not clarified its position on Western and Eastern routes of CPEC nor allocated the required funds for the western route in the current budget.   He demanded that government must take all the political parties and provinces on the same front to complete these national projects successfully.

The parliamentary delegation will be visiting from August 10 to 13th. During the visit participants will be meeting with the most prominent members of the Chinese government and their companies.