DNA
\nISLAMABAD
\nSpeaker National Assembly Sardar Ayaz Sadiq has stated that Egypt\u2019s participation in CPEC will assign substantive meanings to the \u2018transcontinental game-changer\u2019 project by connecting Sino-Pak economic corridor to Africa, Europe and Middle East.
\nThe Speaker remarked that Egypt\u2019s proposal to join CPEC is akin to Allama Iqbal\u2019s allusion to integration \u2018from the shores of Nile to the Soil of Kashghar\u2019, albeit in a different context.
\nHe was talking to the media and discussing the proposal of Egyptian Ambassador to Pakistan Mr. Sherif Shaheen, who called on him on Thursday at Parliament House, Islamabad.
\nWelcoming Egypt\u2019s proposal to join CPEC, the Speaker remarked that Egypt\u2019s participation in CPEC will open a new channel of unhindered flow of trade between Africa and China through a secure and cheaper trade route via Pakistan.
\nSpeaker highlighted that Pakistan can emerge as linchpin in shortening trade distance between China and Egypt, and subsequently Africa and Europe, from months to days by circumventing the strait of Malacca and South China Sea.
\nThe Speaker highlighted that Pakistan is committed to foster regional integration by linking regional countries into \u2018One Belt\u2019 of trade, prosperity and connectivity and further added that Egypt\u2019s location as gateway between Africa, Middle East and Europe is central to Pakistan\u2019s strategic calculation of regional integration.
\nCPEC has the potential to effect an unparalleled connectivity between China, Europe and Africa through connecting Arabian Sea, Red Sea, and subsequently Mideterenian sea.
\nHe added that Egypt\u2019s proposal reinforces the idea that CPEC is not just a Pakistan-China bilateral trade corridor but a transcontinental project with potential to emerge as central hub of the world economy.
\nHe underlined the need for inclusion of other Middle Eastern countries to optimally realize the benefits of \u2018Corridor of prosperity\u2019. He concluded that extension of CPEC to Egypt will unleash new dividends of common economic prosperity, joint development, energy security and connectivity within the region and beyond.=DNA<\/p>\n","protected":false},"excerpt":{"rendered":"
DNA ISLAMABAD Speaker National Assembly Sardar Ayaz Sadiq has stated that Egypt\u2019s participation in CPEC will assign substantive meanings to the \u2018transcontinental game-changer\u2019 project by connecting Sino-Pak economic corridor to Africa, Europe and Middle East. The Speaker remarked that Egypt\u2019s proposal to join CPEC is akin to Allama Iqbal\u2019s allusion to integration \u2018from the shores […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":{"0":"post-11524","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-top-news"},"yoast_head":"\n