Islamabad:Finance Minister Muhammad Aurangzeb has stated that Pakistan is aiming to bolster its economic relations with both China and the United States.

According to Radio Pakistan, Aurangzeb mentioned in an interview with Channel News Asia that the country is transitioning its focus from aid to trade and investment, and seeks to enhance its global partnerships.

Aurangzeb highlighted that the second phase of the China-Pakistan Economic Corridor (CPEC) aims at leveraging existing infrastructure through Business-to-Business collaboration, joint ventures, and export-oriented production. He also recognized the crucial support from long-term partners, especially the GCC countries, during economic challenges. Furthermore, Pakistan is actively working to expand its engagement with GCC countries, Central Asian Republics, and ASEAN to explore regional trade opportunities.