text-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.
text-align: justify;">Federal Minister expressed optimism about Gwadar Port’s potential to drive Pakistan’s economic growth while speaking to PTV news channel.
text-align: justify;">He emphasized that the port’s success is crucial for the country’s economic progress, he added.
text-align: justify;">China’s decision to relocate its middle industries to Pakistan is expected to significantly boost the country’s economy, he further mentioned.
text-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.
text-align: justify;">Responding a query, he said the SCO summit’s successful conclusion has earned Pakistan widespread appreciation for its exceptional hospitality.
text-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.
text-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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