BEIJING: China and Pakistan are expected to sign a framework agreement for Industrial Cooperation (IC) during the 10th Joint Cooperation Committee (JCC) meeting on China-Pakistan Economic Corridor (CPECT), scheduled to be held via video-link this month.
Both countries have already signed MOU on industrial cooperation and now in the upcoming meeting of JCC, it is likely to be taken to next level, media reported on Monday.
JCC is the highest decision-making body of CPEC, which is co-chaired by Pakistan’s Minister for Planning, Development & Special Initiatives and chairman of China’s National Development and Reforms Commission (NDRC).
To implement the CPEC project, China and Pakistan have set up a ministerial-level Joint Cooperation Committee on CPEC Long Term Planning. Initially, there were 7 joint working groups (JWGs) under JCC, namely planning, energy, transportation infrastructure, Gwadar Port, industrial cooperation, social-economic development and international cooperation. Later two more JWG on Agriculture and Science and Technology were included.
JCC is responsible for overall planning and coordination under CPEC, while the JWGs are responsible for the detailed planning and implementation of the projects.
The JCC secretariats are established in the National Development and Reform Commission (NDRC) of China and Ministry of Planning, Development and Reforms of Pakistan respectively.
The two secretariats are responsible for communicating and coordinating with the line ministries, related to the projects of CPEC. –Agencies
