Pakistan dismisses US warning on CPEC

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MULTAN: Foreign Minister Shah Mehmood Qureshi has said that the China-Pakistan Economic Corridor (CPEC) is inevitable for the development of country and it will be further expanded.

Speaking to media in Multan on Sunday, Qureshi said CPEC was a game changer for the region and there were no restriction for any country including US to invest in Economic Zones being established under it.

Separately, Special Assistant to the PM on Information and Broadcasting Firdous Ashiq Awan in a series of tweets said, CPEC would

open new vistas of economic development and prosperity for not only Pakistan and China, but also for the whole region.

“Do not concur with US concerns on the project,” Awan said. “CPEC is a guarantor to our economic development.”

Awan added that the economic zones established under CPEC will generate job opportunities for people.

She said the commercial loans taken from China will witness remarkable reduction in the months and years to

On Friday, Chinese Ambassador to China Yao Jing rejected US Acting Assistant Secretary of State for South Asia Alice Wells’ recent statement regarding CPEC saying that Beijing will never force Islamabad to make timely payments of its debt, unlike the International Monetary Fund (IMF).

“If Pakistan is in need, China would never ask it to repay its loans in time,” said Jing.