Pak-China Joint Cooperation Committee meeting on CPEC to be held on July 16: Asim Saleem Bajwa
July 11, 2021: Chairman CPEC Authority Retired General Asim Saleem Bajwa has said that a meeting will be held to review the progress on CPEC projects and decide on future plans.
Chairman CPEC Authority said that the meeting would be held through video link while the meeting would be chaired by Federal Minister Asad Umar and Vice Chairman NDRC.
It should be noted that CPEC project is the largest economic project in the world. China is making the largest investment in its history in the CPEC (China, Pakistan Economic Corridor) at $46 billion. China imports 6 million barrels of oil from Arab countries on a daily basis, traveling about 12,000 kilometers.
There are many problems for China in the South China Sea. On the maritime supply line are Tibet, Thailand, Japan, Korea, some islands with which China’s relations are far from ideal. If these countries cut this line at any time under any conspiracy, China’s economy could be ruined. The best alternative is CPEC in China. Which is mainly associated with its friend Pakistan.
From CPEC, oil will be available to China for its needs in the shortest time, 3,000 km via Gwadar and the safest route. Chinese products can reach Central Asia, Africa, the European Union, Turkey, Russia, Tajikistan, Uzbekistan and Arab countries in the shortest possible time and at the lowest possible cost. The standard of its economy will be equal to that of the developing countries of the world.
Given the importance of CPEC, attempts have been made to sabotage it from day one through various rumors and propaganda.
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