China, Pakistan reiterate commitment to infrastructure development programme
- Two sides should ‘firmly promote the construction of the China-Pakistan Economic Corridor’, Chinese Foreign Minister Wang Yi tells his Pakistani counterpart, Makhdoom Shah Mahmood Qureshi
- Men discussed multibillion-dollar plan during video chat to mark 70 years of diplomatic relations between Beijing and Islamabad
“We must persist in creating a mutually beneficial and win-win situation,” the foreign ministry quoted Wang as saying during a video chat with his Pakistani counterpart, Makhdoom Shah Mahmood Qureshi. The call was made to mark the 70th anniversary of the countries establishing diplomatic relations.
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Though often valued at US$62 billion, only about US$25 billion worth of CPEC projects have so far been developed.
Wang said that 46 of 70 planned CPEC projects had been completed, with a combined investment of US$25.4 billion. The scheme had achieved “satisfactory results” and created job opportunities in Pakistan, he said.
Qureshi said Pakistan fully supported China’s belt and road plan and described the CPEC as a prime example of its “high-quality development”, according to a report by Chinese Communist Party mouthpiece People’s Daily.
