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  1. CPEC: Nawaz Sharif’s ouster may bring uncertainties to China’s flagship project, says Chinese media

CPEC: Nawaz Sharif’s ouster may bring uncertainties to China’s flagship project, says Chinese media

CPEC: The removal of Pakistan Prime Minister Nawaz Sharif's by the countries Supreme Court, may bring "some uncertainties" to the USD 50 billion China-Pakistan Economic Corridor.

By: | Updated: August 3, 2017 10:16 PM
cpec, china pakistan economic corridor, china, pakistan, nawaz sharif, panama papers case Ousted Pakistan PM Nawaz Sharif (AP file)

CPEC: The removal of Pakistan Prime Minister Nawaz Sharif’s by the countries Supreme Court, may bring “some uncertainties” to the
USD 50 billion China-Pakistan Economic Corridor (CPEC), an article in state-sponsored Chinese daily said today. However, it said, , the development in Pakistan may not “impede” the all-weather bilateral ties between the two countries.

“The disqualification of Nawaz Sharif would likely bring some uncertainties to the ongoing China-Pakistan Economic Corridor (CPEC) project. Pakistan political parties have some disagreements on the project, especially whether the east or west route of the project should be given priority,” an article in the Global Times said. However, Sharif’s resignation will not impede China-
Pakistan relations, it added.

Sharif had to resign last week after he found guilty in the Panama Papers case. Economically developed provinces like Punjab and Sindh are along the east route, while the west route goes through the less-developed provinces like Khyber Pakhtunkhwa and Balochistan, the article said. “Nawaz Sharif supported the east route, but opposition parties favoured the west. In this regard, the CPEC project would face some uncertainties if the next election in 2018 leads to a ruling party change,” it said.

“Variable factors posed by the removal of Sharif will be remarkably decreased if PML-N or (Pakistan) People’s Party wins the 2018 election because Punjab and Sindh along the east route are the political centres of the two parties,” the article further said.

According to the Global Times, Pakistan Tehreek-e-Insaf party led by Imran Khan is very likely to prioritise the western route if it wins the election. “In addition, as opposition parties are incredulous about PML-N’s behind-the-scene manipulation in project negotiations, the possibility of reviewing some projects’ negotiation processes and conditions cannot be ruled out if an opposition party takes power,” it said.

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