October 2017 News
China Rejects US Objections Over CPEC7 October 2017
Beijing: China has rejected the objections raised by the US over the China-Pakistan Economic Corridor (CPEC) saying that its One Belt, One Road (OBOR) initiative was backed by the UN. 'We have repeatedly reiterated that CPEC is an economic cooperation initiative that is not directed against third parties and has nothing to do with territorial sovereignty disputes and does not affect China's principled stance on the Kashmir issue,' the Chinese Foreign Ministry said in a statement. It added that over 70 countries and international organisations which had signed cooperation agreements with China on OBOR, including the UN General Assembly and the UN Security Council, have incorporated it in their important resolutions. Meanwhile Pakistan also rejected US objections on China's 'One Belt, One Road', in which CPEC is flagship project. In response to US Defence Secretary James Mattis reservations over China Pakistan Economic Corridor, Senator Mushahid Hussain Syed, Chairman China-Pakistan Economic Corridor (CPEC) Parliamentary Committee, in a series of tweets said, 'US officially participated in 'One Belt, One Road' Summit in Beijing in May 2017 with delegation led by Special Assistant to President Donald Trump, now US Defence Secretary suddenly opposing it.' He also noted that following the 1960 Indus Water Treaty, US contractors had built Mangla Dam in Pakistani side of Kashmir. Why was there no reference to a 'disputed territory' back then, he asked.