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US stance on CPEC will have no impact on project: FM Qureshi

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US STANCE ON CPEC WILL HAVE NO IMPACT ON PROJECT: FM QURESHI Read More: CPEC ShahMehmoodQureshi AsadUmar AliceWells Pakistan China US Newsonepk

MULTAN: Foreign Minister Shah Mahmood Qureshi on Sunday reiterated that America’s stance on the China Pakistan Economic Corridor would have “no impact” on the project.Speaking to reporters in Multan, Qureshi said that Pakistan does not agree with the views expressed by US diplomat Alice Wells.

“Pakistan does not agree with that view. We have rejected that view,” Qureshi said, adding: “We do not think that the burden of CPEC will increase our debt burden.” The foreign minister said that Pakistan’s total debt burden is $74 billion of which CPEC is $4.9bn. On Saturday, in a move to allay US concerns over CPEC’s impact on Pakistan’s debt crisis, the newly appointed Federal Minister for Planning and Development Asad Umar had said the bilateral commercial debt from China would start declining in two to three years.

 

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