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CPEC cooperation faces hurdles in energy, infra projects
The Business Guardian
|September 28, 2023
China has disagreed with further expansion in sectors of energy, water management, and climate change under the ChinaPakistan Economic Corridor (CPEC), highlighting the challenges faced by both countries, as per the media report.
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The China-Pakistan Economic Corridor (CPEC) has faced significant challenges, as indicated by the difficulties both parties have encountered in strengthening their economic ties. Notably, Islamabad has yielded to certain Chinese demands and altered its stance on the establishment of a new coal-fired power plant in Gwadar. These changes, along with other issues, were documented in the signed minutes of the 11th Joint Cooperation Committee (JCC) meeting for CPEC, which took place in October 2022 but saw the signing of its minutes in July 2023, highlighting prolonged disagreements.
Dit verhaal komt uit de September 28, 2023-editie van The Business Guardian.
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