Pak minister says India should join China-Pakistan Economic Corridor
The $46 billion CPEC is a set of projects currently under construction and it is part of China�s One Belt, One Road (OBOR), also known as New Silk Road project
Pakistan minister of planning and development Ahsan Iqbal on Saturday suggested that India should join the China-Pakistan Economic Corridor (CPEC), instead of opposing the project.
Alleging that the neighbor’s response to the project is “a knee jerk,” Iqbal said India needs to look at opportunities that would increasse regional cooperation,” Pakistan Today reported.
The $46 billion CPEC is a set of projects currently under construction and it is part of China’s One Belt, One Road (OBOR), also known as New Silk Road project.
The Minister also added that the project would offer India the shortest land route to initiate trade with most of China.
“What you also have to see, that in China, they have now developed extensive road and rail links with West China,” the minister was quoted as saying.
“If you are even doing trade through CPEC, you can reach out to any destination in China from this area. So, we are very hopeful and we continue to work to normalize our relations with India,” he added.
Meanwhile, the Stockholm International Peace Research Institute (Sipri), said India is afraid of Pakistan’s economic stability through CPEC and the do not want China to perform as a mediator in the disputes with its neighbor.
The Swedish think tank’s report stated that there is considerable concern within India that China, which has been neutral on Kashmir since 1963, can no longer be so now that its economic and security interests in these territories are growing in stake, Dunya News reported.