We don’t intend to handle this process like Malaysia, finance minister Asad Umar saysIslamabad is set to review deals concluded under Beijing’s Belt (BRI) and Road Initiative, the Financial Times claimed in a Sunday report. Top government functionaries said the Pakistan Tehreek-e-Insaf (PTI)-led government will look into BRI investments and renegotiate a trade agreement inked a decade earlier. China ‘not saddling Pakistan with debt’: Chinese FMPrime Minister Imran Khan has constituted a nine-member committee to evaluate CPEC – the most ambitious part of BRI. “CPEC has not inflicted a debt burden on Pakistan. Both, Umar and Dawood emphasised Islamabad would tread with caution over the CPEC review to not offend Beijing.
Source: The Express Tribune September 10, 2018 08:42 UTC