Mr. Haroon Sharif, former Minister of State and former Chairman of the Board of Investment (BoI) visited the Competition Commission of Pakistan for an interactive session with the Commission’s officers and senior management team on the “Overview of CPEC (China – Pakistan Economic Corridor – Challenges & Opportunities). He shared his perspective on the important economic aspects of CPEC i.e., Infrastructure, Industrial Cooperation, Information Technology, Special Economic Zones, Economic and Industrial Policy, Agriculture, and Copyrights. He said that CPEC offers a great potential for Pakistan’s progress and development through regional connectivity, diverse investment opportunities, industrial, financial, and agricultural cooperation, and socio-economic development. Mr. Sharif added that Pakistan must develop appropriate policies namely, carefully crafted Investment and Industrial policies, focus on its comparative advantage in value-added textiles, agriculture-based food processing, and information technology. These areas needed the attention of key policy makers for the success of CPEC. Discussing CCP’s role in the economy in the context of CPEC, Mr. Sharif said that besides providing a level playing field in the economy and removing entry barriers for new players, CCP can assist the Government of Pakistan through policy guidelines to end protectionism in various sectors to open them up to competition and attract foreign investment in the economy. The Chairperson Ms. Rahat Kaunain Hassan thanked Mr. Sharif for taking time out and sharing his incisive insights on the subject. With respect to his recommendation to have a knowledge-based collaboration with relevant Chinese authorities, she informed that the Commission has already signed in principle, a Memorandum of Understanding, with its counterpart in China and are waiting for the Cabinet’s approval in this regard.
Mr. Haroon Sharif, former Minister of State and former Chairman of the Board of Investment (BoI) visited the Competition Commission of Pakistan for an interactive session with the Commission’s officers and senior management team on the “Overview of CPEC (China – Pakistan Economic Corridor – Challenges & Opportunities). He shared his perspective on the important economic aspects of CPEC i.e., Infrastructure, Industrial Cooperation, Information Technology, Special Economic Zones, Economic and Industrial Policy, Agriculture, and Copyrights. He said that CPEC offers a great potential for Pakistan’s progress and development through regional connectivity, diverse investment opportunities, industrial, financial, and agricultural cooperation, and socio-economic development.
Mr. Sharif added that Pakistan must develop appropriate policies namely, carefully crafted Investment and Industrial policies, focus on its comparative advantage in value-added textiles, agriculture-based food processing, and information technology. These areas needed the attention of key policy makers for the success of CPEC.
Discussing CCP’s role in the economy in the context of CPEC, Mr. Sharif said that besides providing a level playing field in the economy and removing entry barriers for new players, CCP can assist the Government of Pakistan through policy guidelines to end protectionism in various sectors to open them up to competition and attract foreign investment in the economy.
The Chairperson Ms. Rahat Kaunain Hassan thanked Mr. Sharif for taking time out and sharing his incisive insights on the subject. With respect to his recommendation to have a knowledge-based collaboration with relevant Chinese authorities, she informed that the Commission has already signed in principle, a Memorandum of Understanding, with its counterpart in China and are waiting for the Cabinet’s approval in this regard.
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