China-Pakistan Economic Corridor cooperation faces hurdles in vitality, infrastructure tasks: Report


China has disagreed with additional growth in sectors of vitality, water administration, and local weather change below the China-Pakistan Economic Corridor (CPEC), highlighting the challenges confronted by each international locations, The Express Tribune reported.

The China-Pakistan Economic Corridor has confronted vital challenges, as indicated by the difficulties each events have encountered in strengthening their financial ties.

Notably, Islamabad has yielded to sure Chinese calls for and altered its stance on the institution of a brand new coal-fired energy plant in Gwadar. These adjustments, together with different points, have been documented in the signed minutes of the 11th Joint Cooperation Committee (JCC) assembly for CPEC, which happened in October 2022 however noticed the signing of its minutes in July 2023, highlighting extended disagreements.

The particulars reveal that China didn’t conform to a number of proposals put forth by Pakistan in areas corresponding to vitality, water administration, local weather change, and tourism in areas like Gilgit-Baltistan (G-B), Khyber-Pakhtunkhwa (Okay-P), and coastal areas.

There have been disparities between the draft shared with Beijing by Pakistan and the ultimate minutes signed by either side, with the latter model reflecting China’s stance. The JCC serves as a vital decision-making physique for CPEC, as reported by The Express Tribune.

China’s exclusion of cross-border tourism cooperation in G-B, Okay-P, in addition to coastal tourism promotion, is clear in the ultimate minutes. Furthermore, China didn’t embrace Pakistan’s ideas to include Water Resources Management, Climate Change, and Urban Infrastructure Development inside the CPEC framework, nor did it assist the thought of building a brand new joint working group on water sources administration and local weather change.

In response, the Ministry of Planning emphasised that the signing of assembly minutes between two international locations solely happens after a radical session to make sure accuracy in reflecting agreements and understandings.

The particulars additionally point out that China omitted the dialogue of economic challenges confronted by energy firms from the ultimate minutes. Text associated to the monetary closure of tasks just like the Azad Pattan hydropower mission, Kohala energy plant, and Thar Block 1 Shanghai Electric Co energy plant was dropped.

Notably, Pakistan made vital concessions concerning the 300MW Gwadar Power Plant, which China wished to advance as per the present plan. Pakistan additionally dedicated to following consensus and addressing points associated to energy charges and gas procurement for CPEC tasks, in line with The Express Tribune.

China declined Pakistan’s proposal for a 500kv transmission line from Hub to Gwadar and several other different initiatives associated to Thar coal, hydel energy tasks, coal gasification, and extra. Additionally, sure tasks and cooperation areas, just like the South-North fuel pipeline, strategic underground fuel storage, seismic research, metallic minerals exploration, and expertise switch, weren’t included in the ultimate minutes.

The Ministry of Planning highlighted that the signing of the 11th JCC assembly minutes underscores the robust relationship between Pakistan and China and their dedication to attaining widespread targets, The Express Tribune reported.

(with inputs from ANI)


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