CPEC economic future of Pakistan, says Gen Bajwa


Friendship with Pakistan ‘unbreakable’: China

Observer Report


Chief of Army Staff, General Qamar Javed Bajwa has reiterated that China Pakistan Economic Corridor (CPEC) is the economic future of Pakistan and its security shall never be compromised.
Inter Services Public Relations said Tuesday, Chinese Ambassador to Pakistan called on the Army Chief and discussed matters of mutual interest and regional security.
The Ambassador appreciated conduct of successful visit of Chinese Foreign Minister and support for CPEC in Pakistan.
The Army Chief reiterated that CPEC is eco future of Pakistan and its security shall never be compromised.
Meanwhile, the Chinese foreign ministry on Tuesday refuted the Financial Times article regarding China-Pakistan Economic Corridor, saying that it is a priority for Pakistan.
Geng Shuang, a spokesperson for the Chinese foreign ministry, said the Pakistani side clearly stated that the CPEC is a priority for them.
The Pakistan-China relationship is “unbreakable” and the Pakistani government’s commitment to the CPEC remains unwavering, the spokesperson added.
He said that the Pakistani side refused to acknowledge the report by saying that the article was out of context and distorted the original intention.
Financial Times quoted Adviser to Pakistan PM for Commerce, Production, and Investment Abdul Razak Dawood as saying: “Pakistan should put everything on hold for a year so we can get our act together.
“We have noticed the relevant reports and also noted that the officials have come forward to clarify,” Geng said, adding that Pakistan has set up a nine-member committee to evaluate the CPEC.
“The purpose is to strengthen and speed up the construction of the corridor and make the construction results better benefit the ordinary people of Pakistan, rather than delaying the construction of the corridor,” the spokesperson explained.
He remarked that multi-billion dollar corridor is a major economic cooperation project, initiated in response to the needs of the Pakistani side. “The construction of the economic corridor has a good driving effect on the economic and social development of Pakistan.”
Geng further said that, at present, there are 22 cooperative projects under the framework of CPEC, nine of which have been completed and 13 are under construction, with a total investment of 19 billion US dollars, driving the annual economic growth of Pakistan by 1 to 2 percentage points, and creating 70,000 jobs for Pakistani nationals. “These results are real and obvious to all,” he added.
During the visit of State Councilor Wang Yi to Pakistan, officials of the new Pakistani government stated that the CPEC is a landmark project of economic cooperation between the two countries and will continue to bring tangible benefits to the Pakistani people. “The new-elected Pakistani government is committed to comprehensively deepening the construction of the Pakistan-China Economic Corridor and is willing to cooperate fully with China to build this project,” the spokesperson mentioned.

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