US Deputy Assistant Secretary of State Alice Wells says CPEC deals should be based on transparency for the people of Pakistan.
Speaking to reporters via video link, US Deputy Assistant Secretary of State Alice Wells said that peace in Afghanistan is in the wider interest of Pakistan. Pakistan also said that peace and stability in the region is second only to Pakistan after Afghanistan. There will be more benefits.
The US Deputy Secretary of State said that Ambassador Zalmai Khalilzad had the full support of Pakistan to bring the Taliban to the negotiating table, Pakistan took effective action against Hafiz Saeed and organizations playing a role in destabilizing the region. However, Pakistan will have to play a greater role in eradicating terrorism, which requires effective action against banned organizations.
Speaking on CPEC, Ellis Wells said: “For CPEC or other development projects, we want to see investment in line with global standards. This investment must be sustainable, to the benefit of the region. Transparency in CPEC.” We are deeply concerned about the shortage of Pak-China trade volume. At a time when the world is facing economic challenges due to the Coronavirus epidemic, China should change the terms of unfair lending to Pakistan.
Ellis Wells added that China should end unfair terms on loans and CPEC deals should be based on transparency for the people of Pakistan.
