China envoy meets COAS who assures no compromise on CPEC’s security

China envoy meets COAS who assures no compromise on CPEC's security

ISLAMABAD: Chinese ambassador to Pakistan Yao Jing met Army chief General Qamar Javed Bajwa and discussed matters of mutual interests and regional security, Inter-Services Public Relations (ISPR) said on Tuesday.
“Ambassador appreciated conduct of successful visit of Chinese foreign minister and support for CPEC [China Pakistan Economic Corridor] in Pakistan,” the military’s media wing said.
According to the ISPR, the COAS reiterated that CPEC is the economic future of Pakistan and its security shall never be compromised.
The development comes a day after a report in the London-based Financial Times newspaper that quoted some cabinet ministers as saying that Islamabad is considering renegotiating some agreements signed with Beijing under the multi-billion dollar One Belt, One Road (OBOR) initiative. Both Pakistan and China reacted angrily to the report.
Hours later, the commerce ministry issued a public rebuttal to the report. It said the news item was premised on “out of context” statements.
Top government functionaries said the Pakistan Tehreek-e-Insaf (PTI)-led government will look into BRI investments and renegotiate a trade agreement inked a decade earlier. The agreement extends unfair advantages to Chinese firms, they said.
Prime Minister Imran Khan has constituted a nine-member committee to evaluate CPEC – the most ambitious part of BRI. The $62 billion-initiative includes a grand revamp of Gwadar, road rail links and power plants worth US$30 billion.