Pak assures China of 'smooth progress' of economic corridor

Image
Press Trust of India Beijing
Last Updated : Jul 25 2016 | 9:07 PM IST
Amid security concerns over the construction of the USD 46 billion China-Pakistan Economic Corridor, Pakistan today vowed to take steps to facilitate its "smooth progress".
"As this year marks the 65th anniversary of the establishment of bilateral ties, China is willing to work with Pakistan to develop the building of the China-Pakistan Economic Corridor to achieve mutual development," Chinese Vice Premier Zhang Gaoli told a Pakistan ruling party PML-N delegation led by Punjab Province Chief Minister Shahbaz Sharif.
"With already friendly relations with the Pakistan Muslim League, the Communist Party of China looks forward to enhancing high-level exchanges and sharing experiences in state governance with the party," he said.
Shahbaz, who is Prime Minister Nawaz Sharif's brother, expressed sympathy for the residents of flood-hit areas in China and said 10,000 tonnes of rice would be donated by Pakistan, state-run Xinhua news agency reported.
"Pakistan will take measures to cooperate with China to facilitate the smooth progress of the economic corridor programme," Sharif said.
Sharif's remarks come amid security concerns over the construction of the corridor that will pass through PoK.
In May, a Chinese engineer and his Pakistani driver were injured in a roadside blast in Karachi, claimed by a little-known separatist group that vowed to derail the ambitious project.
India has already protested to China over the project as it passes through PoK.
The China-Pakistan Economic Corridor is a pilot project under the Belt and Road initiative.
China and Pakistan recently launched a host of projects focusing on energy and transport infrastructure, it said.
*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: Jul 25 2016 | 9:07 PM IST

Next Story