Pakistan, China to expand CPEC scope to copper, gold, oil and gas sectors
Pakistan and China have agreed to set a new direction to the USD 60 billion CPEC for future cooperation by largely shifting away from infrastructure projects and scouting for copper, gold, oil and gas sectors, according to a media report.
The Express Tribune reported that the decision to expand the China-Pakistan Economic Corridor scope to copper, gold, oil and gas sectors was taken during the 9th Joint Cooperation Committee (JCC) meeting that was co-chaired by Planning Minister Khusro Bakhtiar and National Development and Reform Commission (NDRC) Vice-Chairman Ning Jizhe.
“The JCC meeting was fruitful, discussions successful and the agreed framework is promising,” Chinese Ambassador Yao Jing said, while addressing the media along with the planning minister.
