Ahsan Iqbal wishes for 'CPEC-style' economic relations with Saudi Arabia.

JEDDAH -- Ahsan Iqbal, the minister of planning, development and special initiatives, Sunday expressed Pakistan's wish to establish [China-Pakistan Economic Corridor] CPEC-style economic cooperation with Saudi Arabia as well.

Addressing the Pakistani community at Pakistan's consulate in Jeddah, the minister said: "We want to establish CPEC-style economic cooperation with Saudi Arabia as well. Based on CPEC, a joint investment offer has been made to China and Saudi Arabia."

The minister further said that news regarding the country defaulting are not true and shared that the government has reinitiated CPEC after the PTI messed it up.

"There is no truth in the lies PTI has spread. [The government] saved the country from defaulting in six months," Ahsan said speaking at the occasion.

The minister further added that the Pakistan's economy was at stake due to the previous government's poor policies. The incumbent government improved the state of economy by adhering to the International Monetary Fund's (IMF) policies.

Criticising the PTI for the instigating political chaos in the country, the minister said...

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