China works to improve India's links with Pakistan



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ISLAMABAD –

China acknowledged that it was trying to persuade India to improve its relations with neighboring Pakistan and jointly fight against regional terrorism instead of fighting the against each other.

Lijian Zhao, deputy chief of the Chinese Embbady in Islamabad, made the remark Friday addressing a rare and large-scale press conference in the Pakistani capital.

"The relationship between Pakistan and India is now at its lowest level.China has tried to work with India to ask them to improve their relations with Pakistan. Chinese diplomat added that the two countries should work together for the economic well-being of their people rather than wasting resources by developing conventional and nuclear weapons

The recent decision to work with New Delhi to identify and implement Jointly, an economic project in Afghanistan was also part of China's diplomatic efforts to alleviate regional tensions and promote economic cooperation.

Zhao tried to dispel Pakistan's concerns. "Pakistan is very sensitive to any role attributed to Pakistan. India in Afghanistan. We try to work only on certain projects, like the training of their officials [Afghan] very small projects. It's just a few small steps, and you do not need to worry about that, "noted the Chinese diplomat.

Islamabad alleges that New Delhi is using its growing influence, particularly in the region. The Afghan security establishment, to destabilize Pakistan by supporting Chinese President Xi Jinping, at a meeting with Indian Prime Minister Narendra Modi this month in Qingdao, agreed that they would work together on the identification of a specific project initially in the region.The agreement was made on the sidelines of the summit of the Shanghai Cooperation Organization (SCO) on June 9. Pakistan and the India joined the group led by China in 2017, which could help reduce tensions between rival nations and promote regional economic cooperation.

  A general view of Gwadar Harbor in Gwadar, Pakistan October 4, 2017. The port is at the heart of e the $ 50 bill Chinese investment in the Sino-Pakistan Economic Corridor (CPEC).

General view of Gwadar Harbor in Gwadar, Pakistan on October 4, 2017. The port is at the heart of China's $ 50 billion investment in China and Pakistan. Economic Corridor (CPEC).

Sino-Pakistan Corridor Agreement

Zhao also raised concerns and allegations that billions of dollars of unprecedented Chinese investment in Pakistan in the last four years pushed the nation out of money. a "debt trap of China".

Zhao accused "fake economists" of spreading what he described as "totally unfounded propaganda" against bilateral economic cooperation and the global initiative of the belt and the road .

The joint project, known as the Sino-Pakistan Economic Corridor, has already provided $ 19 billion in Chinese investment to Pakistan, where it is used to build roads, harbors, power plants and power stations. special economic zones. [19659003LssentechinoisZhaoaditque22de43projects"cropprécoce"undertheCPECaientaitvésouésor

He explained that of the 19 billion dollars invested up to here by China, 13 billion energy sector and he had already added more than 11 000 megawatts of electricity to the national grid, helping Pakistan overcome its critical power shortages.

"The Pakistani government does not borrow a single dollar to carry out these projects … There is therefore no responsibility on the Pakistani government to repay the so-called debt or loans So, if someone claims that the CPEC is a debt trap, remember to call it fake economists, "Zhao said.

The money from these projects is borrowed from most Chinese commercial banks. The rest of the $ 6 billion was given to Pakistan as a "low interest rate loan" with 2% interest, and the government will eventually bring in about $ 7.4 billion over 20 years, said the Chinese government. Diplomat. More than 70,000 Pakistanis are working on these projects

China's total investment in the CPEC over the next 15 years is estimated at more than $ 60 billion and is expected to create 500,000 to 800,000 jobs at the Pakistan.

This large-scale project aims to connect western China to the port of Gwadar, in southern Pakistan, on the Arabian Sea, which will allow Beijing to conduct its international trade on a road much shorter and safe.

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