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China quietly removes ambassador's 'Rename CPEC' statement from embassy website

12:37 PM | 9 May, 2017
China quietly removes ambassador's 'Rename CPEC' statement from embassy website
BEIJING - The Chinese embassy website quietly removed the statement made by ambassador Luo Zhaohui from his speech in which he extended an offer to India suggesting a name change for China-Pakistan Economic Corridor.

Just a day after the statement of ambassador made headlines across Pakistan and China, the Chinese authorities seemed to have dropped the idea of renaming the multi-billion dollar economic corridor as the ambassador to India Luo Zhaohui speech posted on embassy's website contains everything except the particular statement 'Even we can think about renaming the CPEC'.

The offer was reportedly made by ambassador Zhaohui in a speech to the United Service Institution (USI) in New Delhi on Friday, according to Zee News.

Stating that the CPEC is for promoting economic cooperation on connectivity, Luo claimed that it has “no connections to or impact on sovereignty issues”.

“It (CPEC) has no connections to or impact on sovereignty issues. Even we can think about renaming the CPEC. China and India have had successful experience of delinking sovereignty disputes with bilateral relations before. China is sincere in its intention to cooperate with India on the One Belt One Road (OBOR) initiative, as it is good for both of us,” he had said.

Screenshot of Ambassador Luo’s original speech


The embassy website originally carried the statement of its ambassador but as soon as it faced backlash, apparently for inking the prodigious project with Pakistan and suggesting a name change, the statement was removed.

 

'Renaming CPEC' statement deleted from Lui's speech


It was also reported by a leading daily in Pakistan that Ministry of Planning and Development had written a letter to Chinese authorities in Islamabad over the issue.

“We are awaiting Chinese clarification on this situation,” the officials were quoted by Geo News as saying on Monday.

Pakistan's pursuit of clarification seemed to have worked as the statement was expunged from the speech.

On April 20, 2015, Pakistan and China signed an agreement to commence work on the USD 46 billion agreement, with approximately USD 28 billion worth of fast-tracked projects to be developed by the end of 2018.

The ruling PML-N and especially the premier Nawaz Sharif repeatedly term CPEC a game changer for the region. Pakistan's military establishment is on the same page with the civilian government and has assured to provide foolproof security for the completion of the project.

The writer is a civil servant.

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PKR exchange rate to US dollar, Euro, Pound, Dirham, and Riyal - 21 Feb 2024

Pakistani currency remains stable against US dollar and other currencies in the open market on February 21, 2024 (Wednesday).

US Dollar rate in Pakistan

In the open market, the US dollar was being quoted at 279.6 for buying and 282.4 for selling.

Euro comes down to 300 for buying and 303 for selling while British Pound rate stands at 350.5 for buying, and 354 for selling.

UAE Dirham AED hovers at 76.15 whereas the Saudi Riyal saw slight increase, with new rates at 74.35.

Today’s currency exchange rates in Pakistan - 21 Feb 2024

Source: Forex Association of Pakistan. (last update 09:00 AM)
Currency Symbol Buying Selling
US Dollar USD 279.6 282.4
Euro EUR 300 303
UK Pound Sterling GBP 350.5 354
U.A.E Dirham AED 76.15 76.9
Saudi Riyal SAR 74.35 75.1
Australian Dollar AUD 181 183
Bahrain Dinar BHD 743.32 751.32
Canadian Dollar CAD 207 209
China Yuan CNY 38.89 39.29
Danish Krone DKK 40.38 40.78
Hong Kong Dollar HKD 35.74 36.09
Indian Rupee INR 3.37 3.48
Japanese Yen JPY 2.10 2.18
Kuwaiti Dinar KWD 902.41 911.41
Malaysian Ringgit MYR 58.6 59.2
New Zealand Dollar NZD 171.68 173.68
Norwegians Krone NOK 26.43 26.73
Omani Riyal OMR 725.96 733.96
Qatari Riyal QAR 76.76 77.46
Singapore Dollar SGD 207 209
Swedish Korona SEK 26.53 26.83
Swiss Franc CHF 316.9 319.4
Thai Bhat THB 7.93 8.08

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