new Delhi. Senior US diplomat Alice Wells has criticized the China-Pakistan Economic Corridor (China-Pakistan Economic Corridor, CPEC). Diplomat Alice Wells mentioned there was no transparency within the $ 60 billion China-Pakistan Economic Corridor (CPEC) venture. This will improve the debt burden on Pakistan, which is going through financial disaster.
Wales mentioned at an occasion right here throughout its four-day go to to Pakistan that CPEC contracts have been awarded to corporations banned by the World Bank. Wales is the Deputy Foreign Minister for South and Central Asia. CPEC is a deliberate community of highway, railway and vitality tasks, connecting China's resource-rich Xinjiang Uygur Autonomous Region to Pakistan's strategic Gwadar port on the Arabian Sea. <! –
Wales had requested Pakistan in November final 12 months to 'ask powerful questions' to China over CPEC because it might have an effect on its economic system. According to Dawn's report, Wells mentioned that CPEC lacks transparency and China's funding is growing debt on Pakistan. He requested Pakistan to rethink the venture.