AGL 40.00 No Change ▼ 0.00 (0%)
AIRLINK 129.06 Decreased By ▼ -0.47 (-0.36%)
BOP 6.75 Increased By ▲ 0.07 (1.05%)
CNERGY 4.49 Decreased By ▼ -0.14 (-3.02%)
DCL 8.55 Decreased By ▼ -0.39 (-4.36%)
DFML 40.82 Decreased By ▼ -0.87 (-2.09%)
DGKC 80.96 Decreased By ▼ -2.81 (-3.35%)
FCCL 32.77 No Change ▼ 0.00 (0%)
FFBL 74.43 Decreased By ▼ -1.04 (-1.38%)
FFL 11.74 Increased By ▲ 0.27 (2.35%)
HUBC 109.58 Decreased By ▼ -0.97 (-0.88%)
HUMNL 13.75 Decreased By ▼ -0.81 (-5.56%)
KEL 5.31 Decreased By ▼ -0.08 (-1.48%)
KOSM 7.72 Decreased By ▼ -0.68 (-8.1%)
MLCF 38.60 Decreased By ▼ -1.19 (-2.99%)
NBP 63.51 Increased By ▲ 3.22 (5.34%)
OGDC 194.69 Decreased By ▼ -4.97 (-2.49%)
PAEL 25.71 Decreased By ▼ -0.94 (-3.53%)
PIBTL 7.39 Decreased By ▼ -0.27 (-3.52%)
PPL 155.45 Decreased By ▼ -2.47 (-1.56%)
PRL 25.79 Decreased By ▼ -0.94 (-3.52%)
PTC 17.50 Decreased By ▼ -0.96 (-5.2%)
SEARL 78.65 Decreased By ▼ -3.79 (-4.6%)
TELE 7.86 Decreased By ▼ -0.45 (-5.42%)
TOMCL 33.73 Decreased By ▼ -0.78 (-2.26%)
TPLP 8.40 Decreased By ▼ -0.66 (-7.28%)
TREET 16.27 Decreased By ▼ -1.20 (-6.87%)
TRG 58.22 Decreased By ▼ -3.10 (-5.06%)
UNITY 27.49 Increased By ▲ 0.06 (0.22%)
WTL 1.39 Increased By ▲ 0.01 (0.72%)
BR100 10,445 Increased By 38.5 (0.37%)
BR30 31,189 Decreased By -523.9 (-1.65%)
KSE100 97,798 Increased By 469.8 (0.48%)
KSE30 30,481 Increased By 288.3 (0.95%)

It was China some time ago that said it is opposed to a G20 tourism meeting in the disputed Himalayan territory of Illegally Indian Occupied Jammu and Kashmir (IIOJK) and will not attend. India, which holds the chair of G20 this year, had organised a series of meetings across the country in the run-up to the summit in New Delhi in September.

“China is firmly opposed to holding any kind of G20 meetings in disputed territory, and will not attend such meetings,” Chinese Foreign Ministry spokesperson Wang Wenbin had made these remarks loudly and clearly.

The foregoing, without an iota of doubt, clearly suggests that China has put its full weight behind Pakistan. India, which has been nursing the illegitimate ambitions of becoming a regional hegemon, has been regularly challenged by its neighbor on various fora.

The deepening Pakistan-China ties in fact are aimed at creating a healthy and positive balance in the region to the utter chagrin of India. The ongoing visit of China’s vice premier He to Pakistan must be a serious cause of concern for India. China’s vice premier has arrived in Pakistan to mark the 10th anniversary celebrations of China Pakistan Economic Corridor (CPEC), which will surely get an impetus in coming weeks and months.

According to prime minister Shehbaz Sharif, the second phase of CPEC will be characterized by a “new model” and he has explained the features of this model in detail in the presence of Vice Premier He. Needless to say, CPEC can be a game changer for Pakistan.

We’re therefore required to grab this opportunity with both hands. There must be no complacency or procrastination with regard to any of the CPEC projects. The country needs political and economic stability at all costs or regardless of the price to be paid or the effort needed. Only then can we turn CPEC into a real success story for the greater benefit of this country and its people.

Mairajul Huda (Karachi)

Copyright Business Recorder, 2023

Comments

Comments are closed.