BR100 Increased By (0.64%)
BR30 Increased By (0.68%)
KSE100 Increased By (0.54%)
KSE30 Increased By (0.62%)
AGHA 8.00 Increased By ▲ 0.03 (0.38%)
BECO 5.46 Increased By ▲ 0.05 (0.92%)
BML 65.48 Decreased By ▼ -0.01 (-0.02%)
BOP 36.17 Increased By ▲ 0.21 (0.58%)
CNERGY 9.70 Increased By ▲ 0.30 (3.19%)
CSIL 5.94 No Change ▼ 0.00 (0%)
FCCL 56.05 Increased By ▲ 0.58 (1.05%)
FFL 17.60 Increased By ▲ 0.12 (0.69%)
FNEL 1.25 Increased By ▲ 0.01 (0.81%)
KEL 8.10 Increased By ▲ 0.16 (2.02%)
KOSM 6.15 Increased By ▲ 0.10 (1.65%)
LOTCHEM 31.59 Increased By ▲ 1.16 (3.81%)
MLCF 104.50 Increased By ▲ 1.73 (1.68%)
NBP 210.93 Increased By ▲ 1.26 (0.6%)
NCPL 60.24 Decreased By ▼ -0.06 (-0.1%)
NPL 68.26 Decreased By ▼ -0.59 (-0.86%)
OGDC 334.00 Increased By ▲ 0.45 (0.13%)
PACE 11.59 Decreased By ▼ -0.13 (-1.11%)
PAEL 45.00 Decreased By ▼ -0.07 (-0.16%)
PIBTL 17.98 Decreased By ▼ -0.04 (-0.22%)
PPL 237.01 Increased By ▲ 1.39 (0.59%)
PRL 42.10 Increased By ▲ 0.25 (0.6%)
PTC 70.90 Increased By ▲ 0.06 (0.08%)
SSGC 30.89 Decreased By ▼ -0.18 (-0.58%)
TBL 10.55 Decreased By ▼ -0.04 (-0.38%)
TELE 9.19 Increased By ▲ 0.19 (2.11%)
TPL 17.45 Decreased By ▼ -0.20 (-1.13%)
TPLP 12.61 Decreased By ▼ -0.06 (-0.47%)
TREET 24.73 Decreased By ▼ -0.07 (-0.28%)
TRG 65.60 Increased By ▲ 0.43 (0.66%)
Business & Finance

Pakistan and China to extend CPEC to Afghanistan

  • Pakistan and China have decided to extend CPEC to Afghanistan during Foreign Minister Wang Yi’s recent visit to Islamabad.
Published Updated

Pakistan and China have decided to bring Afghanistan into the ambit of the US$ 50 billion China Pakistan Economic Corridor (CPEC) during Foreign Minister Wang Yi’s recent visit to Islamabad.

Being one of the pioneering projects under the Belt and Road Initiative, CPEC has made incredible progress in terms of developing infrastructure, energy, ports and industrial parks. Expanding the geographical bounds of CPEC to other countries in the region is a step towards greater regional prosperity and growth.

While the Chinese Foreign Ministry confirmed that Beijing is communicating with Afghanistan and Pakistan through diplomatic channels regarding an extension of its flagship project, they are committed to maintain CPEC’s status as a strictly economic initiative, which has nothing to do with territorial sovereignty disputes like the Kashmir issue.

Hence, the Chinese Foreign Ministry effectively dismissed any Indian claims regarding CPEC’s vested interests in claiming the disputed territory of Kashmir.

In addition to this, the spokesperson of China's Foreign Ministry Zhao Lijian also commented that China is interested in working with Pakistan under CPEC and plans to extend it to other regional countries in the hopes of improving regional connectivity and economic integration.

Similarly, Prime Minister Imran Khan also reaffirmed the highest level of priority the Government gives to CPEC projects during a recent high-level huddle. He also explained that CPEC has the potential to not only open up tremendous opportunities in terms of increased economic growth and development for Pakistan, but for the region as a whole and beyond.

China also appreciated these remarks by the Prime Minister of Pakistan. “We have noted the relevant remarks by Prime Minister Imran Khan and we appreciate it," said Zhao Lijian during a regular briefing.

Comments

Comments are closed for this article.