CPEC: International companies to participate in various projects under market rules

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CPEC: International companies to participate in various projects under market rules

BEIJING (APP): A spokesperson of Chinese Ministry of Foreign Affairs Thursday said that international companies are participating in the projects, being completed under China-Pakistan Economic Corridor (CPEC) framework based on market rules.

"CPEC is a cooperation framework between China and Pakistan and it is open and transparent and is based upon principles of extensive joint consultations and shared benefits," Spokesperson Hua Chunying said here at a regular briefing.

She expressed the confidence that the CPEC initiative would not only benefit the peoples of two countries but also promote regional connectivity.

"I believe this project not only serves interests of the two countries but also connectivity within this region," she added.

Responding to a question regarding Indian application for the Nuclear Supply Group (NSG) membership, she reiterated China's stance that the NSG members should work out a solution applicable to all-non-NPT states, and on that basis, to deliberate on specific non-NPT states' joining.

In response to question about Dalai Lama's current visit to disputed areas on China-India border, she said that China has lodged representations with Indian side, both in Beijing and New Delhi.

"We have lodged representations to the Indian Ambassador in Beijing and concerned officials of the Indian External Affairs Ministry in New Delhi," she added.

To a follow up question, the spokesperson said, China's position on Dala Lama's visit to disputed territory is clear and consistent, adding, the invitation to Dalai Lama has caused damage to the Chinese interests and Sino-India relations.

Hua Chunying said the Indian move has fueled tensions between the two nations adding, "We oppose this visit and arrangements of providing a platform for Dalai group to carry out anti-China activities."

When her attention was drawn over the situation in Korean peninsula, she explained the Chinese position on North Korea nuclear issue.

She said due to complex nature of the issue, all the relevant parties must take a holistic approach to resolve the issue and achieve lasting peace and security.

She also asked the relevant parities to join hands with China in its efforts to achieve a peaceful and lasting solution to the issue.