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       WORLD Next Article: Protesting Pashtuns demand public hanging of Musharraf  
       CPEC being extended to Afghan: report
 
         Posted on :11:08:22 Apr 9, 2018
   
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       Last edited on:11:46:27 Apr 9, 2018
         Tags: CPEC, extended, Afghanistan
 

BEIJING: The China-Pakistan Economic Corridor (CPEC) is being extended to Afghanistan, the Asian Competitiveness Annual Report said. “(The project) has not only improved local infrastructure but also is extending toward Afghanistan... bringing better prospects for local people’s lives,” state-run Xinhua quoted the report as saying. PTI.

The BRI has injected “fresh vitality” to Asia’s economic cooperation and helped the continent to reshape its international relations, the Asian Competitiveness Annual Report 2018 released on the sidelines of China’s Boao Forum for Asia (BFA) annual conference said.

China in December had unveiled its plans to extend the $50 billion CPEC to Afghanistan which has sparked concerns in India.

Chinese Foreign Minister Wang Yi during his meeting with his Pakistan and Afghan counterparts had offered to extend CPEC to Afghanistan.

“China and Pakistan are willing to look at with Afghanistan, on the basis of win-win, mutually beneficial principles, using an appropriate means to extend the China-Pakistan Economic Corridor to Afghanistan,” Wang had said at the trilateral foreign ministers’ meeting.

The BFA was formed by China in 2001 on the lines of the World Economic Forum in Davos, and holds its meeting every year.

This year’s forum to be held till April 11 has opened at Boao a coastal town in the southern island province of Hainan. President Xi Jinping is due to address the conference.

The multi-billion-dollar BRI, the pet project of Xi has become a major stumbling block in India-China relations as CPEC has been listed as its “flagship project.”

India has protested to China over CPEC, which is being built through Pakistan-occupied Kashmir (PoK).

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