Xi wants CPEC fast-tracked

Image
IANS Beijing
Last Updated : May 13 2017 | 6:32 PM IST

Chinese President Xi Jinping on Saturday met Pakistani Prime Minister Nawaz Sharif and stressed the need to speed up the construction of the China-Pakistan Economic Corridor (CPEC).

The meeting took place as Sharif is in Beijing to attend the Belt and Road Forum, which India appears likely to skip in opposition to the CPEC, which passes through Pakistan-administered Kashmir.

According to Chinese state media, Xi said the long-term planning of the corridor should be completed as soon as possible and cooperation programmes covering energy, transportation infrastructure and people's livelihoods should be promoted and carried out.

The multi-dollar economic route connects China's Kashgar Xinjiang province with Pakistan's Gwadar port in restive Balochistan. China in the past too has complained to Pakistan about the tardy progress of the CPEC, which is a key artery of China's Belt and Road project, but firmly opposed by India as it claims the Pakistan-controlled Kashmir through which the route passes.

However, China, the sponsor of the project, has paid no heed to India's repeated objections.

"The supplementary projects in and around Pakistan's Gwadar Port should be steadily advanced and the study on the construction of industrial parks along the corridor facilitated," Xi was quoted as saying by Xinhua.

"The two sides should not only continue high-level exchanges, but increase interactions between governments, legislative bodies, and political parties," he added.

Sharif said the traditional friendship between Pakistan and China is solid, stressing that it is a national consensus to deepen ties with China and participate in cooperation on the Belt and Road construction.

Pakistan is willing to work with China in actively implementing various projects related to the corridor and steadily pushing forward the cooperation on energy and infrastructure construction, including the Gwadar Port programme, he said.

--IANS

gsh/vd/bg

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: May 13 2017 | 6:24 PM IST

Next Story