Tag: CPEC

  • ‘Gen Bajwa reached China to control situation after PTI ministers’ statements against CPEC’

    Senate Standing Committee on Foreign Affairs Chairman Mushahid Hussain Sayed has said that Chief of Army Staff (COAS) General Qamar Javed Bajwa had to go to China to control the situation after Pakistan Tehreek-e-Insaf (PTI) ministers levelled baseless allegations regarding the China-Pakistan Economic Corridor (CPEC) projects.

    Speaking to a private media outlet Sunday, Mushahid said it was regrettable that the United States (US) openly opposed the CPEC initiative, adding that the project was not aimed at defence, though it did have various strategic implications.

    “China has no link with attempts to subjugate right to freedom in Pakistan,” he said and added that it was unfortunate how every government in Pakistan tried to take credit for the projects launched by its predecessors.

    Speaking about Federal Minister for Communication Murad Saeed’s allegations about corruption in CPEC projects, Mushahid said not even a single rupee corruption had been proven and Pakistan Muslim League-Nawaz (PML-N) leader Ahsan Iqbal should take Murad to court in this regard.

    The PML-N senator said that CPEC had a central position in the Pak-China strategic relationship, and maintained that the PTI leadership should be very careful in giving statements about the flagship projects as they were not fully aware of the sensitivities attached to it.

  • ‘My grandfather laid foundation of CPEC,’ PTI minister claims

    ‘My grandfather laid foundation of CPEC,’ PTI minister claims

    Minister for Power Division Omar Ayub Khan has said his grandfather and former president of Pakistan, Ayub Khan, had “laid the foundation of China-Pakistan Economic Corridor (CPEC)”.

    Taking the floor of the National Assembly on Wednesday, Omar Ayub said, “Former president of Pakistan Ayub Khan had laid the foundation of CPEC by starting work on the Karakoram Highway.”

    He further said that the Prime Minister (PM) Imran Khan-led government was determined to achieve the set target of Rs5,500 billion in the financial year 2019-20.

    The minister added that the country had to pay billions of rupees as interest on the loans taken by the Pakistan Muslim League-Nawaz (PML-N) and Pakistan People’s Party (PPP) governments.

    CPEC:

    CPEC is a collection of infrastructure projects that are currently under construction throughout Pakistan with China’s help. Originally valued at $46 billion, the value of CPEC projects is worth $62 billion as of 2017.

    The project is expected to generate employment and boost the country’s economy in the years to come.