Islamabad, December 31
All-weather allies Pakistan and China have agreed to use the full potential of the strategic Gwadar port in Balochistan province, a major project under the China–Pakistan Economic Corridor (CPEC) that provides the Communist-giant an opening to the Arabian Sea.
The CPEC is the flagship project of China’s ambitious USD 60 billion Belt and Road Initiative (BRI) and it links China’s Xinjiang province with Pakistan’s Gwadar port in Balochistan province.
The decision was taken during a meeting between Pakistan and Chinese officials on Thursday via video link, according to a statement by the CPEC Authority.
“The two sides resolved to redouble the efforts to tap the full potential of the Gwadar port and free zone as well as to make sure that the local population of Gwadar and surrounding areas fully benefit from these projects by utilising the massive opportunities being created in various sectors,” according to the statement. — PTI
(The article is generated from feeds via CT, The Chenab Times staff didn’t write this news.)
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