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China defends CPEC as an ‘economic initiative’, says project has not affected its stand on Kashmir-World News , Happy Easterday

China defends CPEC as an ‘financial initiative’, says undertaking has not affected its stand on Kashmir-World Information , Pleased Easterday

India has lodged a protest with China over the CPEC, the flagship undertaking of China’s Belt and Highway Initiative, as a result of it crosses via Pakistan-occupied Kashmir

Representational picture. AFP

Beijing: China on Monday once more defended its controversial $60 billion CPEC undertaking with Pakistan, disregarding India’s protests as it’s being laid via Pakistan-occupied Kashmir, saying it’s an financial initiative and has not affected its principled stand on the Kashmir problem.

Leaders of China and Pakistan have praised the progress of the China-Pakistan Financial Hall (CPEC) in latest days as the 2 shut allies celebrated the institution of 70 years of their diplomatic relations.

India has protested to China over the CPEC, the flagship undertaking of China’s Belt and Highway Initiative (BRI), because it traverses via Pakistan-occupied Kashmir (PoK).

The large infrastructure undertaking connects China’s Xinjiang province with Gwadar port in Pakistan’s Balochistan province.

China has been defending the CPEC, saying it’s an financial undertaking not geared toward any third nation.

Answering questions on the CPEC at a media briefing on Monday, Overseas Ministry spokesman Zhao Lijian stated that the CPEC as one of many pioneering initiatives beneath the BRI has made vital and main progress in infrastructure, power, ports and industrial parks.

He stated the Belt and Highway Initiative is an open worldwide financial cooperation initiative with goals of enhancing regional connectivity and reaching widespread growth.

“We’re additionally extending the CPEC to regional nations, together with Afghanistan. This won’t solely enhance quicker financial growth in Pakistan, but additionally regional connectivity,” he stated.

Requested how China sees regional prosperity being furthered by the CPEC in view of India’s place that it passes via Indian territory illegally occupied by Pakistan, Zhao stated the undertaking has not affected China’s principled place on Kashmir.

“China has said its principled place on Kashmir many occasions. The CPEC is an financial initiative that targets no third nation. It’s not about territorial disputes and doesn’t have an effect on our principled place on the problem of Kashmir,” he stated.

On the CPEC’s extension to Afghanistan, he stated, “on third celebration participation within the CPEC, China is having discussions with third events, together with Afghanistan”.

“The 2 sides are having consultations via diplomatic channels. We discover that Afghanistan imports and exports items via Gwadar and Karachi ports. Excessive-speed highways are additionally being prolonged to Afghanistan, he added.

In a message to his Pakistani counterpart Arif Alvi on Friday on the seventieth anniversary of the institution of the China-Pakistan diplomatic relations, President Xi Jinping stated the CPEC has achieved exceptional outcomes.

Pakistan prime minister Imran Khan stated at a high-level assembly in Islamabad that the CPEC will deliver financial progress not solely to Pakistan however your complete area.

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Updated: May 24, 2021 — 2:29 pm

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