Shehbaz Sharif gov’t to abolish China-Pakistan Economic Corridor authority: Report

ISLAMABAD, PAKISTAN: The Pakistani government has decided to abolish the China-Pakistan Economic Corridor Authority (CPEC), local media reported, adding that all matters of the project will be handed over to the Planning Commission.
The Senate Planning Standing Committee was briefed by the Ministry of Planning and Development on Friday, The Express Tribune reported.
A standing committee meeting under the chairmanship of Senator Saleem Mandviwala was held at Parliament Lodges, at which the CPEC Authority Amendment Bill 2021 was discussed.
Ministry officials reported that the megaproject would be handed over to the Planning Commission. They also added that the authority has not done any significant work, so its dissolution is being considered, and a final decision will be made soon.
Gilgit Baltistan has seen a spate of local protests against the Pakistan Army over land issues. Local people are angry at the army’s wave of ‘land grabbing’, all in the name of the China-Pakistan Economic Corridor (CPEC).
Local communities strongly believe that Pakistan has, in fact, leased all of Gilgit Baltistan to China under the guise of CPEC and its security for the next half century. Several thousand Chinese are already present in the region working on the CPEC project. With them are hundreds of Chinese spies and military men who keep an eye on locals and provide security cover for Chinese companies.

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