RAWALPINDI: Chinese Ambassador to Pakistan, Sun Weidong, on Friday conveyed China’s satisfaction on security arrangements for the China Pakistan Economic Corridor (CPEC).
The Chinese ambassador called on Chief of Army Staff (COAS) General Qamar Javed Bajwa at the General Headquarters, the Inter Services Public Relations (ISPR) reported.
The visiting dignitary acknowledged and appreciated Pakistan Army’s efforts in combating terrorism and militancy. Other matters of mutual interest including regional security were also discussed during the meeting.
The $46 billion China Pakistan Economic Corridor (CPEC) project is part of Beijing’s ‘One Belt, One Road’ plan to expand its trade and transport footprint across Central and South Asia. It will give China easier access to Middle Eastern oil via the deepwater port of Gwadar in southwest Pakistan.
The CPEC intends to revive the ancient Silk Road with a focus on infrastructure, and constitutes the strategic framework of bilateral cooperation.
The project links China’s strategy to develop its western region with Pakistan’s focus on boosting its economy, including the infrastructure construction of Gwadar Port, together with some energy cooperation and investment programs.