on Monday rejected a media report that Prime Minister Imran Khan's
newly elected government plans to renegotiate the agreements reached
under China's ambitious Belt and Road Initiative (BRI) and said the
country remains committed to the successful implementation of the China-Pakistan Economic Corridor.
The Financial Times report quoted Advisor on Commerce Abdul Razzak
Dawood as saying that the multi-billion CPEC
had put local companies at a disadvantage and that parts of the
flagship project can be renegotiated or even frozen for a year.
CPEC, launched in 2015, is a planned network of roads, railways and
energy projects linking China's resource-rich Xinjiang Uyghur Autonomous
Region with Pakistan's strategic Gwadar Port on the Arabian Sea.
It is a
part of the BRI.
Dawood's reported interview came a day after Chinese
Foreign Minister Wang Yi concluded his three-day official. During his
stay in Pakistan, Wang met the country's top leadership, including the
The Pakistan Foreign Office (FO) said that during the
meetings, Pakistani leadership conveyed that the CPEC was a national
priority for the government and 'Pakistan remains committed to the
successful implementation of CPEC'.
The spokesman said that there was
complete consensus on the future trajectory of the CPEC between Pakistan
"The two sides agreed to work together towards
implementation of the ongoing projects and agreed to expand CPEC to new
areas of cooperation including socio-economic development; poverty
alleviation, anti-corruption, agricultural cooperation and industrial
development as per the needs and priorities of the government of
Pakistan," the FO said.
The two sides had in-depth exchange of views
on all issues of mutual interest. The visit provided an opportunity to
the two sides to reaffirm their 'all-weather strategic cooperative
partnership', it said.
Ministry of Commerce and Textile in a statement
said that the The Financial Times' article is 'based on a statement
taken out of context'.
'The statement attributed to the Advisor to
Prime Minister on Commerce and Textile (Dawood) have been taken out of
context and distorted. Pakistan-China relations are impregnable and the
government's commitment to the CPEC is unwavering,' the ministry said.
Chinese embassy in a statement said that it took notice of the report
in The Financial Times.
"Such ill-intentioned reports based on
distorted and misquoted information only demonstrate that the report
contributor has total ignorance and neglect of the CPEC or
China-Pakistan traditional partnership," it said.
"It is a firm
consensus between China and Pakistan that CPEC is a mutually beneficial
project and both the governments will carry it forward according to the
needs of Pakistan and for the development of Pakistan," it said further.