Political instability main hurdle in economic development: Ahsan Iqbal

ISLAMABAD (92 News) – Interior Minister Ahsan Iqbal has on Tuesday said that the political instability is the main hurdle in country’s economic development. Addressing a two-day conference in Islamabad on Tuesday, he said that the nations can be built universities and not with the weapons. The minister said that the China-Pakistan Economic Corridor (CPEC) is a corridor of cooperation and opportunity which will benefit the whole region, adding that the countries and regions with better socio-economic indicators are less prone to conflicts. Ahsan Iqbal said that the CPEC will bring inclusive development in the country by ensuring extensive networks for inter connectivity and beefing up energy and infrastructure development. “Pakistan being at the heart of South and Central Asia, can transform into regional hub of trade activity, he added. Speaking on the occasion, Chinese Ambassador to Pakistan Sun Wei Dong said that as many as 19 project worth US $18 billion have been completed under the CPEC. He said that the CPEC is an idea of forging partnerships and friendships.