
Upcoming JCC session: Govt finalises CPEC deliverables after progress reviews
ISLAMABAD: Federal Minister for Planning, Development and Special Initiatives Ahsan Iqbal, chaired a high-level preparatory meeting of the Pakistani side of the China-Pakistan Economic Corridor (CPEC) Joint Cooperation Committee (JCC).
The meeting convened key stakeholders, including conveners of CPEC Joint Working Groups (JWGs) and secretaries from the ministries of Foreign Affairs, Communications, Maritime Affairs, Science and Technology, Railways, Commerce, and Interior, to review progress and finalise deliverables for the upcoming 14th JCC session.
Iqbal conducted a comprehensive review of CPEC project status across vital sectors, including Gwadar development, industrial cooperation, science and technology, transport infrastructure, agriculture, and the blue economy. He mandated all ministries to rigorously operationalise the long-term CPEC plan by ensuring their project roadmaps are fully aligned with established sectoral priorities for effective and result-oriented implementation.
JCC under CPEC to meet in June: Agri tech, energy and Gwadar projects discussed
The minister instructed the Board of Investment to immediately initiate strategic outreach to 20–25 major Chinese economic zones, aiming to attract experienced companies for Special Economic Zone (SEZ) development and industrial relocation to Pakistan.
Emphasising science and technology as the cornerstone of future export-led growth, he directed the Ministry of Science and Technology to study China's advancements in emerging scientific fields, formulate a national scientific development agenda, and identify 10 high-potential export products for targeted research and innovation support.
Minister Iqbal underscored Gwadar's critical role as a blue economy hub, demanding accelerated development in coastal tourism, fisheries, and industry through enhanced engagement with Pakistani and Chinese business communities.
He also directed officials to finalise a proposal for introducing a third-party participation mechanism under CPEC to facilitate broader infrastructure projects, for presentation and approval at the forthcoming JCC session.
Concluding the meeting, Minister Iqbal reiterated CPEC's immense potential for investment, relocation, and joint ventures. He demanded unified, proactive efforts across all government institutions to deliver tangible, actionable outcomes for the JCC. He called for intensified inter-ministerial coordination and strategic planning to ensure the 14th JCC session serves as a landmark event in advancing CPEC 2.0 vision for a prosperous and connected Pakistan.
The minister emphasised that CPEC phase-2 is now fully integrated into the broader national transformation vision under the Uraan Pakistan initiative. As a flagship development framework aimed at turning Pakistan into a $3 trillion economy by 2047, Uraan Pakistan provides a clear roadmap through its 5Es: Exports, E-Pakistan, Environment, Energy, and Equity.
CPEC phase-2's focus on industrialisation, connectivity, science and technology, and sustainable growth directly complements these pillars. The synergies between Uraan Pakistan and CPEC will not only catalyse economic modernisation but also ensure inclusive, innovation-driven development across all regions of Pakistan.
Highlighting the need to deepen business-to-business (B2B) collaboration, Minister Iqbal stressed that private sector partnerships between Pakistani and Chinese companies will be pivotal in CPEC's next phase.
B2B cooperation will unlock new avenues for industrial growth, technology transfer, and job creation. It will empower local enterprises, attract FDI, boost exports, and drive innovation in sectors like manufacturing, logistics, energy, agriculture, and ICT. A thriving B2B ecosystem under CPEC phase-2 will also foster entrepreneurship, upskill the workforce, and enhance Pakistan's global competitiveness — transforming economic zones into engines of opportunity and prosperity.
Copyright Business Recorder, 2025
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Business Recorder
5 hours ago
- Business Recorder
Trump says withdrawing Musk ally as nominee to head NASA
WASHINGTON: US President Donald Trump said Saturday he was withdrawing his nomination of tech billionaire Jared Isaacman, a close ally of Elon Musk, to lead space agency NASA. Trump said last December, before returning to office, that he wanted the online payments entrepreneur and the first private astronaut to conduct a spacewalk to serve as the next head of NASA. But on Saturday, he said on his Truth Social platform that 'after a thorough review of prior associations, I am hereby withdrawing the nomination of Jared Isaacman to head NASA.' 'I will soon announce a new Nominee who will be Mission aligned, and put America First in Space.' Earlier Saturday, the New York Times had reported the move was coming, quoting unnamed sources as saying the decision had come after the president learned Isaacman had donated money to prominent Democrats. Asked about that report, the White House had told AFP in an email that it was 'essential that the next leader of NASA is in complete alignment with President Trump's America First agenda.' 'The Administrator of NASA will help lead humanity into space and execute President Trump's bold mission of planting the American flag on the planet Mars,' it said. The nomination shakeup appears to be a snub of billionaire Musk, who on Friday stepped back from his role leading Trump's so-called Department of Government Efficiency (DOGE). Musk reportedly lobbied directly with the president for Isaacman, who has had significant business dealings with Musk's SpaceX, to get the top NASA job, raising questions of possible conflicts of interest. As the news surfaced, Musk stressed on X that 'it is rare to find someone so competent and good-arted'. Trump says Pakistani representatives coming to US next week for trade talks The 42-year-old founder and CEO of Shift4 Payments has emerged as a leading figure in commercial spaceflight through his high-profile collaborations with SpaceX. He made history last September by stepping out of a Crew Dragon to gaze at Earth from the void of space while gripping the spacecraft's exterior, during the first-ever spacewalk carried out by non-professional astronauts.


Express Tribune
7 hours ago
- Express Tribune
Pentagon chief warns of imminent China threat
U.S. Secretary of Defense Pete Hegseth attends the annual White House Easter Egg Roll event, on the South Lawn of the White House in Washington, D.C., U.S., April 21, REUTERS US Secretary of Defence Pete Hegseth warned on Saturday that China was "credibly preparing" to use military force to upend the balance of power in Asia, vowing the United States was "here to stay" in the region. The Pentagon chief made the remarks at an annual security forum in Singapore as the administration of US President Donald Trump spars with Beijing on trade, technology, and influence over strategic corners of the globe. China's embassy in Singapore blasted the speech, accusing Washington of escalating tensions in the region and "profiting from creating risks of war". "The threat China poses is real and it could be imminent," Hegseth said at the Shangri-La Dialogue attended by defence officials from around the world. Beijing is "credibly preparing to potentially use military force to alter the balance of power in the Indo-Pacific", he said. Hegseth warned that the Chinese military was building the capabilities to invade Taiwan and "rehearsing for the real deal". Hegseth described China's conduct as a "wake-up call", accusing Beijing of endangering lives with cyber attacks, harassing its neighbours, and "illegally seizing and militarising lands" in the disputed South China Sea.


Express Tribune
7 hours ago
- Express Tribune
Lavrov criticises Western alliances
Pakistani Senator Mushahid Hussain Sayed met Russian Foreign Minister Sergey Lavrov in Moscow on Saturday, expressing gratitude for Russia's "positive neutrality" during the recent escalation between India and Pakistan. The 40-minute bilateral meeting took place ahead of a broader gathering at the Eurasian Forum, where leaders from China, Turkiye, South Korea, and Cambodia were also in attendance. Senator Mushahid, who was invited as the only Pakistani representative, delivered a keynote address at the forum, where he highlighted Pakistan's desire for regional peace and greater Eurasian cooperation. During the meeting, Senator Mushahid expressed appreciation for Russia's stance of "positive neutrality" during the rising tensions between India and Pakistan. This neutrality stood in stark contrast to the escalating military operations between the two nuclear-armed neighbours. Russian FM The discussion at the Eurasian Forum took a sharp turn when Lavrov condemned Western military alliances in Asia. He specifically targeted India's growing involvement in the US-led Quad, which includes Australia, Japan, and the United States. Lavrov's criticism of the Indo-Pacific Strategy, which India is increasingly part of, was pointed: "This Indo-Pacific had never existed — NATO made up this term to drag India into their anti-China schemes," he said. Lavrov's words struck a nerve with the 12-member Indian delegation, which was present at the forum. The Indian representatives, including members of the ruling Bharatiya Janata Party (BJP), were notably silent as Lavrov criticised joint military exercises within the Quad.