As early as earlier this week, Pakistani Prime Minister Shahbaz Sharif issued a statement in which he reiterated the statement that the formal signing of the agreements would further improve economic relations between Pakistan and the United States, which would pave the way for a more prosperous future for both countries.
As a result of the CPEC project, which has been underway in Pakistan for many years, numerous studies have demonstrated that Pakistan has benefited significantly from it and a substantial amount of money has been invested in the power and hydropower sectors, as well as in road infrastructure and public transportation as a result of this investment that is still being made.
We are extremely enthusiastic about the prospects for the CPEC project, which will include investments in agriculture as well as information technology, with the new phase of the project starting next month. We are looking forward to the opportunities presented by this project, and we are eager to see it reach its full potential. As the project moves into its second phase, we are seeing a lot of enthusiasm demonstrated toward the project, and we are very optimistic about the prospects that lie ahead. In view of what we believe to be the country's overall potential and the prospect of its future developments, our opinion regarding its future is very optimistic when we examine the country as a whole.
It was announced on Wednesday, by Pakistani Prime Minister Shahbaz Sharif, that Pakistan was willing to participate in the shared future of progress and prosperity that President Xi Jinping has urged. President Xi Jinping's statement made it clear that Pakistan was willing to contribute to the shared future of progress and prosperity. I have no doubt that President Xi Jinping is making a serious effort to have Pakistan participate in the prosperity and progress that he has urged as part of the shared future. Despite the fact that the Karachi circular railway project has no direct relation to the Karachi circular railway project, the minister expressed great confidence that in addition to this project, there are also many other significant projects of mutual interest that will be completed by both sides within a relatively short period of time, even though they are unrelated to the Karachi circular railway project.
The Pakistani government, he was confident, had taken the right decision when it made the decision that it did. It was also his opinion that after making this decision, Pakistan would be able to stand on its own two feet within a short period of time. For the sake of establishing peace and prosperity in this country, we are following the Chinese development model, which has been very successful in the past. It is therefore our intention to rely on the Chinese development model to ensure that we are able to provide a peaceful and prosperous environment for our citizens so that they can enjoy life to the fullest extent possible.
According to the Prime Minister of Pakistan, Pakistan, and China have a special relationship that is rooted in historical ties. In addition, a special relationship has been established between them by their establishment of a special relationship. I would like to say that throughout the course of our lives, our friendship has endured all storms and we will never tolerate any obstacles that may get in the way of our friendship, because he called us iron brothers, and we will never take any risks with the strength of our friendship any longer, because we will never compromise on our friendship.