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Ready for talks with India to resolve CPEC differences, says China

11:42 PM | 29 Jan, 2018
Ready for talks with India to resolve CPEC differences, says China
BEIJING - China on Monday said it is ready to hold talks with India to resolve their differences on the 'contentious' China-Pakistan Economic Corridor (CPEC).

"I noted the relevant report. Regarding the CPEC, China has repeatedly reiterated our position. As to the differences between China and India, China stands ready to communicate and hold talks with India to seek a proper solution so that these differences will not affect our general national interests. This best serves the interests of the two countries," Chinese foreign ministry spokeswoman Hua Chunying said.

She was responding to Indian Ambassador to China Gautam Bambawale's interview to state-run Global Times in which he had said that differences on the CPEC should not be swept under the carpet.

"We should not ask one party alone to solve this problem. We are willing to work with India to work with dialogue and communication for a better solution," Hua added.

"CPEC is merely an economic cooperation project. It has not targeted any third party. We hope the Indian side can put this in perspective and we stand ready to strengthen cooperation with the Indian side," she said

India has objected to the $50 billion CPEC as it passes through Azad Jammu & Kashmir.

The CPEC is a network of infrastructure projects that are currently under construction throughout Pakistan that will connect China's Xinjiang province with Gwadar port in Pakistan's Balochistan province.

India, China should resolve border differences in a calm way, says Beijing

Hua also said that India and China should look at their border differences, including over Dokalam, in a "calm way" and resolve them through existing mechanisms.

Reacting to Bambawale's interview, she said that differences can be addressed through existing mechanisms. "Indeed we have noted that the ambassador talked about it while addressing the issue," the Chinese foreign ministry spokesperson said.

"I should say the two sides should look at border issues in a calm way and resolve relevant issues through the existing border-related mechanisms so that we can create conditions and enabling the environment to properly solve our differences," she added.

Besides a mechanism to discuss border tensions, India and China also have special representative-level border talks to resolve the differences over the disputed border.

About the new satellite imagery showing buildup by both sides, Hua reiterated that Dokalam, over which Bhutan also claims sovereignty, is Chinese territory and said China is building facilities in the area.

She referred to the 1890 treaty between UK and China and said, "the Sikkim section of the China-India boundary has been demarcated by historic treaty and treaty under effective jurisdiction of China".

"China has always upheld our sovereignty along the border area including (Dokalam) Donglang," Hua said. About the satellite imagery, she maintained, "I should stress it (area) falls within China's sovereignty that we conduct facility building in Donglang area. Some Indian media have carried reports about the military buildup and infrastructure building in the area. They are very excited about it."

India and China ended a tense 73-day standoff on August 28, 2017, at Dokalam area after the People's Liberation Army (PLA) stopped building a strategic road close to India's narrow 'chicken's neck' area connecting the northeastern states.

https://en.dailypakistan.com.pk/headline/pakistan-inaugurates-gwadar-free-zone-inks-5-agreements-with-china/

The writer is a staff member. He has been affiliated with Pakistan's leading English newspapers and worked as News Producer at FM 107.4. Death (as...he believes...life is a station, and death is a longest journey from seen to unseen world), Rain, and winter's Full Moon 'Jarray ki Chandani' always fascinate him too much.

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Currency Rates in Pakistan Today - Pakistani rupee to US Dollar, Euro, Pound, Dirham, and Riyal - 23 April 2024

Pakistani currency remains unchanged against US Dollar and other currencies on April 22, 2024 Monday in open market.

USD to PKR rate today

US dollar was being quoted at 277.5 for buying and 280.5 for selling.

Euro stands at 293 for buying and 296 for selling while British Pound hovers at 342.25 for buying, and 345.65 for selling.

UAE Dirham AED was at 75.20 and Saudi Riyal's new rate was at 73.30. 

Today’s currency exchange rates in Pakistan - 23 April 2024

Currency Symbol Buying Selling
US Dollar USD 277.5 280.5
Euro EUR 293 296
UK Pound Sterling GBP 342.5 346
U.A.E Dirham AED 75.2 75.9
Saudi Riyal SAR 73.3 74.05
Australian Dollar AUD 181 182.8
Bahrain Dinar BHD 740.55 748.55
Canadian Dollar CAD 201 203
China Yuan CNY 38.47 38.87
Danish Krone DKK 39.78 40.18
Hong Kong Dollar HKD 35.53 35.88
Indian Rupee INR 3.33 3.44
Japanese Yen JPY 1.86 1.94
Kuwaiti Dinar KWD 903.11 912.11
Malaysian Ringgit MYR 58.08 58.68
New Zealand Dollar NZD 164.22 166.22
Norwegians Krone NOK 25.61 25.91
Omani Riyal OMR 723.2 731.2
Qatari Riyal QAR 76.45 77.15
Singapore Dollar SGD 204.5 206.5
Swedish Korona SEK 25.31 25.61
Swiss Franc CHF 305.47 307.97
Thai Bhat THB 7.56 7.71

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