align: justify;">ISLAMABAD, Oct 17 (APP):Federal Minister for Maritime Affairs Qaiser Ahmed Sheikh Thursday praised SCO summit as a resounding success, highlighting its potential to unlock new regional connectivity, opportunities and expressed optimism that exports will receive a significant boost through Gwadar Port, particularly as China relocates its industries to Pakistan.
align: justify;">Federal Minister expressed optimism about Gwadar Port’;s potential to drive Pakistan’;s economic growth while speaking to PTV news channel.
align: justify;">He emphasized that the port’;s success is crucial for the country’;s economic progress, he added.
align: justify;">China’;s decision to relocate its middle industries to Pakistan is expected to significantly boost the country’;s economy, he further mentioned.
align: justify;">This strategic move will not only improve economic growth but also create numerous job opportunities for the local workforce, ultimately enhancing the overall standard of living, he said.
align: justify;">Responding a query, he said the SCO summit’;s successful conclusion has earned Pakistan widespread appreciation for its exceptional hospitality.
align: justify;">It is an honor to have hosted this prestigious event, showcasing our country’;s capability to organize high-profile international gatherings seamlessly, he added.
align: justify;">Pakistan and China’;s relationship has been a cornerstone of regional cooperation, and their bilateral trade has witnessed significant growth over the years, he highlighted.
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