CPEC is Pakistan’s economic future: Gen Bajwa

Islamabad: In a meeting with Chinese Ambassador Yao Jing in Rawalpindi, Pakistan Army Chief General Qamar Javed Bajwa reiterated that China-Pakistan Economic Corridor (CPEC) is the economic future of Pakistan.

A statement on the official twitter account of Pakistan Government read,”Army Chief General Qamar Javed Bajwa has reiterated that China-Pakistan Economic Corridor is economic future of #Pakistan and its security will never be compromised. He was talking to Chinese Ambassador Yao Jing in Rawalpindi.”

On Tuesday, it was reported that the Imran Khan-led Pakistan government was mulling over the agreements under the CPEC project.

Citing a report from UK-based Financial Times, top officials said that the Pakistan Tehreek-e-Insaf (PTI)-led government would be looking to review the deals of the Belt and Road Initiative (BRI) and renegotiate the trade pact signed with Beijing a decade ago.

Khan had recently established a nine-member committee to analyse the USD 62 billion project which reportedly gave “undue advantages to Chinese companies,” The Express Tribune reported.

Pakistan and China, in a four-hour meeting on Sunday led by Minister for Planning Makhdoom Khusro Bakhtiar and National Development and Reforms Commission (NDRC) of China vice-chairman Ning Jizhe decided to add social sector and regional development schemes to the existing portfolio of CPEC projects.