BEIJING – The 8th meeting of the Joint Coordination Committee (JCC) onChina-Pakistan Economic Corridor (CPEC) will be held in the Chinese capitalon Dec 20.
The JCC is the most important official forum for discussing CPEC-relatedprojects and issues through mutual consultation and consensus.
A framework agreement on industrial cooperation is expected to be signed topave the way for development of special economic zones (SEZs).
Under the framework, Chinese and Pakistani investors will be encouraged torelocate their industries in SEZs, officials said on Saturday.
The Pakistani delegation will be led by the Federal Minister for Planningand Development Makhdum Khusro Bakhtiar. The delegation may include allthe four provincial chief ministers, prime minister of Azad Jammuand Kashmir and chief executive of Gilgit-Baltistan (GB).
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According to the sources, Pakistan has decided to place several keyprojects before the JCC during its upcoming meeting.
These projects include $2 billion Karachi Circular Railway (KCR),socio-economic development projects from all provinces and Gwadarinfrastructure projects.
The 7th meeting JCC was held Islamabad that had reviewed and approvedvarious development projects under the CPEC.
