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ISLAMABAD: Pakistan and China have agreed to remain engaged for the inclusion of third parties to the $60-billion China-Pakistan Economic Corridor (CPEC) to further enhance regional connectivity.

A statement issued here by Foreign Office on Sunday following talks between the two sides in Beijing said that both agreed on this at the third round of Pakistan-China Bilateral Political Consultations (BPC) – a regular institutional mechanism between Pakistan and China – on Saturday.

Foreign Secretary Dr Asad Majeed Khan led the Pakistan delegation and the Chinese side was led by Chinese vice-minister for foreign affairs Sun Weidong.

“Noting the completion of a decade of China-Pakistan Economic Corridor (CPEC), the two sides reaffirmed their commitment to CPEC that remains a major pillar of bilateral cooperation and a symbol of ever deepening friendship between Pakistan and China,” the Foreign Office said in a statement on Sunday.

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“They also agreed to remain engaged in expansion of CPEC including on participation of third parties to enhance regional connectivity and cooperation,” it added.

Both sides reviewed the entire spectrum of bilateral relations and agreed to expand and reinforce political and security cooperation, bilateral trade, economic and financial cooperation, cultural exchanges, tourism, and people-to-people ties.

Foreign Secretary Khan thanked the Chinese side for its consistent and generous support for economic stability in Pakistan and the humanitarian assistance during last year’s devastating floods.

On the occasion, Vice-Minister Sun reaffirmed China’s support for sovereignty, territorial integrity and economic security of Pakistan, according to the statement.

The two sides also exchanged views on a range of regional and global issues of mutual interest and expressed satisfaction over their close cooperation and engagement on important regional developments, including in Afghanistan.

“Pakistan and China will further strengthen dialogue and cooperation in multilateral platforms,” it added.

Copyright Business Recorder, 2023

Comments

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TimetoMoVVeOn Mar 20, 2023 06:21am
This was an exclusive China pak project and was thus named cpec. There is no room for a third party and no third-party will touch this debt ridden project.
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Love Your Country Mar 20, 2023 08:32am
Reading through the article looking for some clue about 3rd parties I found absolutely nothing....
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Tulukan Mairandi Mar 20, 2023 09:08am
Will probably be a failed state like Iran that comes in
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John Mar 20, 2023 10:40am
In order to make CPEC viable, it must help common Pakistani economically!
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Haq Mar 20, 2023 12:16pm
Without stable / honest govt policies & cheap utilities, industry / economy can't survive, what to talk about country's growth & revenue generation. CPEC provides opportunities of investment, but mismanagement, corruption, nepotism... blindfolded our ruling elite, can't think of anything other than person gains (e g. Papa Jones), that has brought nation to it's knees & now IMF starts dictating on missile range, next could be nuclear disarmament
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