India should be invited as a partner in CPEC: World Bank
Category : Latest News Source : Urdu Point Date : 22-03-2019
In a World Bank (WB) Report titled “Pakistan of 100 years,” it has been suggested that in order to strengthen regional integration, Pakistan should include India in the China-Pakistan Economic Corridor (CPEC), as inclusion of India would mean trade numbers for both countries going as high as $58 billion. WB has also suggested that India should initiate dialogue with Pakistan, in order to have favorable neighbor policies, such as reactivating Pakistan-India Joint Chamber of Commerce and easing the visa process. Pakistan has time and again invited India to become part of CPEC, which India has disputed on all occasions.
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World Bank (WB) has proposed to Pakistan to include India into China Pakistan Economic Corridor (CPEC) projects.WB has said that inviting India and other Central Asia states to join CPEC will facilitate regional trade between South Asia and Central Asian states and will help shore up Pakistan economy
KARACHI: World Bank (WB) has proposed to Pakistan to include India into CPEC projects.WB has said that inviting India and other Central Asia states to join CPEC will facilitate regional trade between South Asia and Central Asian states and will help shore up Pakistan economy.
In its report entitled " Pakistan of 100 years" encompassing economic and social targets and recommendations, WB has indentified prospects of regional trade saying Pakistan can scale up the existing volume of trade of 18.48 billion Dollars to 58 billion dollars till 2047 with China, Central Asian States and South Asian countries.For normalization of relations with India WB has laid stress on initiation of dialogues for reactivating Pakistan-India Joint Chambers of Commerce, simplifying visa process for people and traders and easing trade process.
