The goal of ‘Uraan Pakistan’ It is to make Pakistan an economy of one billion dollars by 2035, said Planning Minister Ahsan Iqbal. In a step towards that ambition, an agreement was reached on Sunday between the Ministry of Planning and the Chinese Development Research Center (RDC) to improve economic cooperation.
Comprehension was formalized during a meeting between Minister Ahsan Iqbal and Lu Hao, president of the Chinese Development Research Center (DRC) and the International Knowledge Center on Development (CIKD).
Uraan Pakistan is a national initiative aimed at transforming Pakistan into one of the world’s main economies prioritizing innovation, inclusion and sustainability. Guided by frame 5es, it focuses on five critical areas: exports, digital transformation, environment and climate change, energy development and infrastructure, and equity and empowerment. The initiative seeks to diversify the economy and improve the position of the global Pakistan market through export growth.
Through joint investigations, training programs and expert exchanges, China will help Pakistan strengthen their economic foundations.
Read: RS17TR Uraan Pakistan Government Detail
Lu Hao expressed his confidence in Pakistan’s strategy to become an export -oriented economy.
“The strong economic cooperation between Pakistan and China is the key to national development,” said Ahsan Iqbal.
“CPEC has transformed eternal friendship into an economic and social association beyond political cooperation,” he said.
Pakistan wants to promote trade and exports with China
Planning Minister
Iqbal emphasized Pakistan’s intention to extract lessons from economic growth and China’s reforms. “Pakistan is anxious to learn from the economic and reform successes of China,” he said. “China’s scientific planning is a guide light for long -term and sustainable economic development.”
Speaking about the national economic perspective, Iqbal said that the “Uraan Pakistan” initiative of the Government aims to stabilize and grow the national economy. “Through the Uraan Pakistan program, the national economy is moving towards stability,” he said. “The objective of ‘Uraan Pakistan’ is to make Pakistan an economy of one billion dollars by 2035,” added the minister.
He pointed out encouraging signs of the economic front. “International institutions are confirming the positive indicators of the Pakistani economy,” he said. “The policy rate has decreased from 23% to 11%,” he added.
Referring to market performance, said the minister, “the Pakistan Stock Exchange has exceeded 140,000 points.”
Highlighting the commercial potential with China, Iqbal said: “China imports approximately $ 2 billion per year, while Pakistan’s participation in it is extremely small.” He emphasized: “Pakistan wants to promote trade and exports with China.”
In addition, he said: “To obtain access to Chinese markets is an important economic objective.”
Concluding, the minister pointed out the challenges faced in the past. “In the past, political instability and interruptions in the continuity of policies affected the development process,” he said.
