DAVOS: Prime Minister Imran Khan has rejected the impression that the China-Pakistan Economic Corridor (CPEC) has made Pakistan indebted to China.
In an interview with CNBC, the prime minister revealed that the Chinese loans account for about five to six percent of Pakistan’s total loan portfolio. He said China had helped Pakistan in most difficult times by making investments and “we are grateful to them.”
Responding to a question, PM Imran Khan said the CPEC also envisages cooperation in different sectors including technology transfer in the agriculture sector.
About Pakistan’s economy, the PM said the country was now towards the right track and “our focus is towards export led growth by promoting industrialisation.”
PM Imran Khan has once again called upon U.S. President Donald Trump and the United Nations to intervene for resolution of longstanding Kashmir dispute between India and Pakistan.
PM Imran said “Kashmir is a far more serious problem than the people and the world realises.”
He said India has been taken over by an extremist ideology called Hindutva or the Rashtriya Swayamsevak Sangh (RSS). He said “Modi is a life member of this extremist outfit.”
Referring to the situation in occupied Kashmir, he said eight million people have been put under siege since August 5th last year.
“The Indian forces have picked up thousands of Kashmiri teenagers and arrested all their political leaders.”
Pakistan, US on same page to resolve Afghan issue: PM Imran
He said it was a serious situation and warned that this could potentially spill over in to a conflict between the two nuclear armed countries.
When the premier was questioned about U.S.-Iran tensions, he responded “war is not a solution to any problem.”
He warned that a conflict with Iran would be disastrous for the developing countries as it would shoot up the oil prices. He said the sensible way forward was to have a dialogue.
The PM affirmed that Pakistan would only be partner in peace, and reminded that the country suffered heavily in terms of human and material losses in the war against terrorism.
Khan said: “Pakistan is now a safe country and ready for business.” Hailing the sacrifices rendered by security forces in the war on terrorism, he said Pakistan has disarmed the militias and rehabilitated them.
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