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Interview

Belt and Road corridor to boost Pakistan economy: minister

Azhar says free trade agreement with Beijing will also help

Pakistan's Federal Minister for Economic Affairs Muhammad Hammad Azhar talks to the Nikkei Asian Review in Tokyo. (Photo by Yuichi Shiga)

TOKYO -- Despite Pakistan's recent economic downturn, the country's minister for economic affairs, Muhammad Hammad Azhar, expressed confidence of a quick turnaround.

In an interview with the Nikkei Asian Review, Azhar said that new phases of the China Pakistan Economic Corridor -- a major part of China's Belt and Road Initiative -- and a retooled free trade agreement between the two countries are expected to jump-start the sputtering economy.

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