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China-Pakistan Economic Corridor
Pakistan Prime minister made a statement that Pakistan is to move forward CPEC at all costs. The CPEC ( China Pakistan Economic Corridor) is a collection of infrastructure and other projects under construction throughout Pakistan since 2013. Originally valued at $46 billion, the projects were worth $62 billion as of 2017.
- The CPEC, which connects Gwadar Port in Pakistan’s Balochistan with China’s Xinjiang province, is the flagship project of China“s ambitious Belt and Road Initiative.
- India has protested to China over the CPEC as it is being laid through Pakistan-occupied Kashmir and is a violation of sovereignty and territorial integrity of our nation.
- The BRI was launched by Chinese President Xi Jinping when he came to power in 2013. It aims to link Southeast Asia, Central Asia, the Gulf region, Africa and Europe with a network of land and sea routes.
- The BRI is seen as an attempt by China to further its influence abroad with infrastructure projects funded by Chinese investments all over the world.
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