- The IPP payment emission is still not resolved to JCC.
- ML-1, realignment KKH phase II priorities.
- Long -term plan updated within 90 days.
Islamabad: The 14th Joint Cooperation Committee (JCC) of the Chinese-Pakistani Economic Corridor (CPEC) ended on Friday in Beijing without breakthrough on long-term capacity payments to Chinese independent power producers (IPP), The news reported.
Despite this, the session has marked an important step, officially inaugurating the partnership in phase II of the CPEC. The Federal Minister of Planning and Development, Ahsan Iqbal, said: “Together, these priorities will transform the CPEC into a corridor of industrialization, technology, sustainability and shared prosperity.”
These objectives are anchored in the action plan of September 2025 to build a narrower Chinese-Pakistani community with a common future.
The plan corresponds to a large program covering industrial cooperation, special economic zones, agricultural modernization, maritime development and mining, alongside flagship connectivity systems, in particular the modernization of ML-1 railways, the realignment of the Karakoram road (KKH) and the continuous development of Gwadar.
However, the sources said that the issue of Chinese PPI could not be resolved because Islamabad wanted to extend the reimbursement period. On the partial funding of ML-1, China requests Islamabad a certain commitment before finalizing the financing agreement in the context of the current IMF program.
The Minister of Planning presented the closing remarks, highlighting the shared vision, the renewed determination and the ambitious roadmap which will shape the next stage of this transformative initiative.
Addressing the vice-president of the National Development and Reform Commission (NDRC) Zhou Haibing, Chinese hosts and delegates, Minister Ahsan expressed his sincere gratitude for the wisdom and the commitment which defined the deliberations of the JCC.
He stressed that the 14th JCC was not only an examination of past progress, but a reaffirmation of the collective resolution to deepen cooperation and build a future of shared prosperity.
Stressing the prospective program, the Minister noted that phase II of the CPEC will be motivated by the five corridors of growth, innovation, green development, means of subsistence and regional connectivity.
These will be aligned with the framework of exports of Pakistan Uraan 5th, E-Pakistan, energy and the environment and equity and empowerment. Minister Ahsan Iqbal stressed the urgency of implementing the realignment ML-1 and KKH, noting their strategic importance for uninterrupted connectivity between Pakistan and China.
He stressed that the early execution of these projects would lead to large -scale economic dividends for the whole region. To ensure a sustained momentum, he proposed to hold JCC meetings every six months and to convene quarterly joint working groups during the first three years of phase II. This institutional strengthening, he said, will guarantee effective coordination, timely decision-making and results-based progress.
Recognizing geopolitical challenges and propaganda by anti-CPEC forces, the Minister urged Swift Agreement on JCC’s minutes to send a strong signal of unit and determination. He announced that Pakistan and China had agreed to publish a long -term CPEC plan updated within 90 days, reflecting the convergence of the 5th of Pakistan with the five corridors of the CPEC 2.0.
Reassuring Chinese partners, Ahsan Iqbal confirmed Pakistan’s unwavering commitment to the security and security of all CPEC projects and all Chinese countries working in Pakistan. He described the CPEC not only as a development initiative, but as a symbol of friendship dressed in iron between Pakistan and China, underpinned by confidence, stability and mutual respect.
“The CPEC consists in doing China and Pakistan not only any time friends, but also partnerships in high quality development and innovation for the 21st century,” he said.
By concluding his remarks, the Minister gave a deep gratitude to the management of the two countries, the NDRC and all the delegates for their invaluable contributions. With a renewed determination, he expressed his confidence that the next decade of CPEC would bring an even greater transformation than the previous one.
He proposed that the 15th JCC meeting will be held in May 2026 in Islamabad, coinciding with the 75th anniversary of diplomatic relations between Pakistan and China, further cement of historical links between the two nations.
