Chinese FO dispels impression of over-charging on CPEC projects

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APP39-21 ISLAMABAD: May 21 – China-Pakistan Economic Corridor (CPEC), a mutually beneficial giant initiative for China and Pakistan, would immensely help latter to materialize its dream of becoming an 'Asian Tiger'. After last year's visit of Chinese President, Xi Jinping to Pakistan, there was a smooth implementation of projects under the CPEC framework. Energy, infrastructure, Gawadar port and industrial cooperation were important components of CPEC which were being implemented smoothly and within a few years, there would be more achievements in this regard, he said in a joint interview with APP, PTV and PBC in connection with 65th anniversary of the establishment of Pak-China diplomatic relations. (Please match the picture with interview slugged “CPEC to help Pakistan become Asian Tiger: Sun Weidong” already been released. APP photo by Irfan Mahmood

BEIJING: A spokesperson of the Chinese Foreign office Hua Chunying has dispelled the impression of over-charging on construction of CPEC’s related infrastructure projects in Pakistan, stating that all was being done through an open and transparent manner.

“We mentioned many times that CPEC is a cooperation framework established based upon the long-term interests of the two countries,” Hua said while replying to a question at regular press briefing.

The spokesperson said “CPEC is a new cooperation framework established by China and Pakistan for long-term growth. Guided by the principle of extensive consultation, joint contribution and shared benefits, the CPEC is built in an open and transparent way with reference to international practices.

It is carried out in a market-based manner with enterprises as the main players. “We believe that the CPEC will contribute to the common growth of China and Pakistan, and inter-connectivity and prosperity of the region as well”, said the spokesperson.