Pakistan, China Enter New Phase of Economic Cooperation Under CPEC 2.0: Ishaq Dar
Pakistan, China Begin CPEC 2.0 Economic Cooperation: Ishaq Dar

Deputy Prime Minister and Foreign Minister Ishaq Dar stated on Wednesday that Pakistan and China are embarking on a new phase of economic cooperation under the China-Pakistan Economic Corridor (CPEC) 2.0. The next stage of this flagship initiative will prioritize industrialization, agriculture, information technology, mining, and human resource development. Dar reaffirmed that the all-weather strategic partnership with China remains a cornerstone of Pakistan’s foreign policy and development agenda.

Celebrating 105th Anniversary of the Communist Party of China

Speaking at a reception hosted by the Chinese Embassy to mark the 105th Anniversary of the Founding of the Communist Party of China, Ishaq Dar congratulated the leadership and members of the Communist Party. He lauded China’s remarkable development under the CPC’s leadership, noting that China’s unprecedented economic progress and success in lifting hundreds of millions of people out of poverty have benefited not only its own people but also contributed to global development through the principles of shared prosperity and a community with a shared future for mankind.

Enduring Pakistan-China Friendship

Highlighting the enduring friendship, Dar emphasized that the relationship has been nurtured over generations and remains a model of mutual trust, mutual respect, and mutually beneficial cooperation. He stressed that both countries have consistently supported each other’s sovereignty, territorial integrity, and core interests, describing their ties as an all-weather strategic cooperative partnership.

Wide Pickt banner — collaborative shopping lists app for Telegram, phone mockup with grocery list

CPEC Achievements and Phase 2.0

The deputy prime minister placed particular emphasis on CPEC, calling its launch in 2015 a landmark moment in bilateral relations. He noted that the initiative expanded practical cooperation and helped Pakistan overcome severe electricity shortages, improve road infrastructure, and create employment opportunities, especially in underdeveloped regions. Dar said CPEC Phase 2.0 will focus on high-quality development through cooperation in industrialization, agriculture, mines and minerals, information technology, and human resource development. He added that this new phase closely complements Pakistan’s 5E Framework for Development, which prioritizes exports, e-Pakistan, environment and climate change, energy and infrastructure, and equity and empowerment.

Alignment with National Priorities

Expressing confidence in the future of bilateral cooperation, Dar said the alignment between CPEC 2.0 and Pakistan’s national development priorities will generate greater prosperity, innovation, and shared growth for both countries. This will provide fresh momentum towards building a vibrant China-Pakistan Economic Corridor and a China-Pakistan community with a shared future in the new era.

Party-to-Party Exchanges

Dar also highlighted the importance of party-to-party exchanges between the Communist Party of China and Pakistan’s political parties. He said such interactions have strengthened mutual understanding, facilitated the exchange of governance experiences, and reinforced people-to-people connectivity. He noted that Pakistan’s political leadership, irrespective of the party in power, has consistently accorded the highest priority to relations with China.

Commitment to Regional Peace

Reaffirming Pakistan’s commitment to regional peace and international stability, the Deputy Prime Minister said Islamabad and Beijing will continue to work closely together not only for the benefit of their two peoples but also in the broader interest of global peace, stability, and sustainable development. He underscored the longstanding relationship between the CPC and the Pakistan Muslim League (N), saying sustained party-to-party engagement has helped strengthen mutual understanding and reinforce broader bilateral ties.

Recent Visit to Beijing

Recalling his recent visit to Beijing on May 24, Dar said he attended, as chief guest, a ceremony organized by the International Department of the CPC to commemorate the 75th anniversary of Pakistan-China diplomatic relations.

Pickt after-article banner — collaborative shopping lists app with family illustration