Pakistan on Monday denied a Financial Times report that it was reviewing projects pertaining to the China Pakistan Economic Corridor (CPEC).
Abdul Razak Dawood, the Prime Minister’s advisor on commerce, textiles, industries and investment, issued a detailed clarification on Monday contradicting the report published in Financial Times on September 9th with the title “Pakistan rethinks its role in China’s Belt and Road plan”.
Dawood said that his statements were taken out of context, adding during the visit of Chinese Foreign Minister Wang Yi, the two had stressed on advancing the enterprise.
He reiterated that the country’s commitments to CPEC would remain the same and would be honoured.
Meanwhile, “The Chinese Embassy in Islamabad has taken notice of the report in Financial Times regarding remarks by the Adviser Razzak Dawood on the CPEC as well as the clarification issued by the Ministry of Commerce and Textile of Pakistan,” it said. “It is a firm consensus between China and Pakistan that the CPEC is a mutually beneficial project and both the governments will carry it forward according to the needs of Pakistan and for the development of Pakistan,” the Embassy said in a statement.
“Such ill-intentioned reports based on distorted and misquoted information only demonstrate that the report contributor has total ignorance and neglect of the CPEC or China-Pakistan traditional partnership,” it added.